Single family home sales also rose with sales climbing 4.1% from August rising 0.6% above the level seen a year earlier while the median selling price increased 5.6% over the same period.
Inventory of single family homes increased, rising 1.1% from August to 1.80 million units, falling 7.2% below the level seen in September 2015 which, along with the sales pace, resulted in a monthly supply of 4.4 months.
The following charts (click for full-screen dynamic version) shows national existing single family home sales, median home prices, inventory and months of supply.
