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25 Apr Source:

Housing stats in the U.S. have averaged 1.439 million since 1959. The monthly seasonally adjusted annualized peak rate of 2.494 million was reached in January 1972, and the record low rate was 478,000 in April 2009. For 2017, forecasts range from seasonally adjusted annualized rates of 1.23 million in the second quarter to 1.16 million in the fourth quarter.