Sales of new single-family houses climbed 5.5 percent in November 2010 to a seasonally adjusted annual rate of 290,000, according to estimates by the U.S. Census Bureau and the Department of Housing and Urban Development.
The October figure was revised to an annual rate of 275,000.
Despite the rise, the November 2010 figure is still 21.2 percent below the November 2009 estimate of 368,000.
The median sales price of new houses sold in November 2010 was $213,000; the average sales price was $268,700. The seasonally adjusted estimate of new houses for sale at the end of November was 197,000.
This figure represents a supply of 8.2 months at the current sales rate