News

US New Home Sales Hold Near 4-Year High
Sales of new single-family homes in the United States fell by 1.7% from the near-four-year high in the previous month to an annualized rate of 745,000 units in December of 2025, firmly above market expectations of 730,000, to mark the second-highest level in the period. Sales were sharply higher in the Midwest (31.7% to 108,000) and the West (9% to 170,000), which were offset by a plunge in the Northeast (-37.3% to 37,000) and the South (-6.7% to 430,000). Despite the slight decrease, housing inventory fell by 2.7% from the previous month to 472,000, equivalent to 7.6 months of supply at the latest sales period.
Published on 2026-02-20

US New Home Sales Holds Near 2-Year High
Sales of new single-family homes in the United States inched lower by 0.1% from the previous month to a seasonally adjusted annualized rate of 737,000 units in October of 2025, ahead of expectations of 715,000 and loosely holding the 3.8% increase from September, which lifted sales to their highest level in over two years. Sales fell in the West (-36.3% to 109,000), the Northeast (-14.3% to 24,000), and the Midwest (-9% to 91,000), offsetting the sharp increase in the South (16.9% to 513,000). The number of houses for sale was estimated at 488,000, ahead of comparable levels from the previous year, to represent the supply of 7.9 months at the latest sales rate. Meanwhile, the median sales price for new homes was $392,300, an increase of 8% from the previous year.
Published on 2026-01-13

US New Home Sales Hold Near 2-Year High
Sales of new single-family homes in the United States inched lower by 0.1% from the previous month to a seasonally adjusted annualized rate of 737,000 units in October of 2025, ahead of expectations of 715,000 and loosely holding the 3.8% increase from September, which lifted sales to their highest level in over two years. Sales fell in the West (-36.3% to 109,000), the Northeast (-14.3% to 24,000), and the Midwest (-9% to 91,000), offsetting the sharp increase in the South (16.9% to 513,000). The number of houses for sale was estimated at 488,000, ahead of comparable levels from the previous year, to represent the supply of 7.9 months at the latest sales rate. Meanwhile, the median sales price for new homes was $392,300, an increase of 8% from the previous year.
Published on 2026-01-13

US New Home Sales Highest Since 2022
Sales of new single-family homes in the United States ju7mped by 20.5% from the previous month to a seasonally adjusted annualized rate of 800K units in August 2025, the highest level since January 2022, following an upwardly revised 664K in July and beating forecasts of 650K. Sales jumped in the Northeast (72.2% to 31K), the South (24.7% to 530K), the Midwest (12.7% to 31K) and the West (5.6% to 150K). Meanwhile, the number of unsold homes on the market fell 1.4% to 490K, equivalating to 7.4 months of inventory at the latest sales pace. The median sales price was $413,500, 4.7% higher than in the previous month.
Published on 2025-09-24

US New Home Sales Highest Since 2022
Sales of new single-family homes in the United States jumped by 20.5% from the previous month to a seasonally adjusted annualized rate of 800K units in August 2025, the highest level since January 2022, following an upwardly revised 664K in July and beating forecasts of 650K. Sales jumped in the Northeast (72.2% to 31K), the South (24.7% to 530K), the Midwest (12.7% to 31K) and the West (5.6% to 150K). Meanwhile, the number of unsold homes on the market fell 1.4% to 490K, equivalating to 7.4 months of inventory at the latest sales pace. The median sales price was $413,500, 4.7% higher than in the previous month.
Published on 2025-09-24

US New Home Sales Highest Since 2022
Sales of new single-family homes in the United States ju7mped by 20.5% from the previous month to a seasonally adjusted annualized rate of 800K units in August 2025, the highest level since January 2022, following an upwardly revised 664K in July and beating forecasts of 650K. Sales jumped in the Northeast (72.2% to 31K), the South (24.7% to 530K), the Midwest (12.7% to 31K) and the West (5.6% to 150K).
Published on 2025-09-24

US New Home Sales Highest Since 2022
Sales of new single-family homes in the United States jumped by 20.5% from the previous month to a seasonally adjusted annualized rate of 800K units in August 2025, the highest level since January 2022, following an upwardly revised 664K in July and beating forecasts of 650K. Discounting and promotional offers were probably the main forces behind the surge. Sales soared in the Northeast (72.2% to 31K), the South (24.7% to 530K), the Midwest (12.7% to 89K) and the West (5.6% to 150K). Meanwhile, the number of unsold homes on the market fell 1.4% to 490K, equivalating to 7.4 months of inventory at the latest sales pace. The median sales price was $413,500, 4.7% higher than in the previous month.
Published on 2025-09-24

US New Home Sales Eases
Sales of new single-family homes in the United States eased by 0.6% from the previous month to a seasonally adjusted annualized rate of 652,000 units in July of 2025, trimming the revised 4.1% increase in the earlier period and above market expectations of a 630,000 sold homes. Regionally, sales fell sharply in the Mid-west (-6.6% to 85,000) and the South (-3.5% to 388,000), offsetting growth in the West (11.7% to 153,00). In turn, new home sales remained unchanged in the Northeast (at 26,000). In the meantime, the number of unsold homes on the market also fell by 0.6% to 499,000, equivalating to 9.2 months of inventory at the latest sales pace. The median sales price was $403,800, 0.8% below the price from the last month.
Published on 2025-08-25

US New Home Sales Eases
Sales of new single-family homes in the United States eased by 0.6% from the previous month to a seasonally adjusted annualized rate of 652,000 units in July of 2025, trimming the revised 4.1% increase in the earlier period and above market expectations of a 630,000 sold homes. Regionally, sales fell sharply in the Mid-west (-6.6% to 85,000) and the South (-3.5% to 388,000), offsetting growth in the West (11.7% to 153,00). In turn, new home sales remained unchanged in the Northeast (at 26,000). In the meantime, the number of unsold homes on the market also fell by 0.6% to 499,000, equivalating to 9.2 months of inventory at the latest sales pace. The median sales price was $403,800, 0.8% below the price from the last month.
Published on 2025-08-25

US New Home Sales Miss Expectations
Sales of new single-family homes in the United States rose 0.6% in June 2025 to a seasonally adjusted annualized rate of 627,000 units, slightly up from May’s seven-month low of 623,000 but still well below market expectations of 650,000. The data indicate continued pressure on the housing market, as high mortgage rates and economic uncertainty have led many buyers to delay purchasing decisions. Regionally, new home sales increased in the South (up 5.1% to 390,000) and the Midwest (up 6.3% to 85,000), while declining sharply in the Northeast (down 27.6% to 21,000) and the West (down 8.4% to 131,000).
Published on 2025-07-24

US New Home Sales Miss Expectations
Sales of new single-family homes in the United States rose 0.6% in June 2025 to a seasonally adjusted annualized rate of 627,000 units, slightly up from May’s seven-month low of 623,000 but still well below market expectations of 650,000. The data indicate continued pressure on the housing market, as high mortgage rates and economic uncertainty have led many buyers to delay purchasing decisions. Regionally, new home sales increased in the South (up 5.1% to 390,000) and the Midwest (up 6.3% to 85,000), while declining sharply in the Northeast (down 27.6% to 21,000) and the West (down 8.4% to 131,000).
Published on 2025-07-24

US New Home Sales Miss Expectations
Sales of new single-family homes in the United States rose 0.6% in June 2025 to a seasonally adjusted annualized rate of 627,000 units, slightly up from May’s seven-month low of 623,000 but still well below market expectations of 650,000. The data indicate continued pressure on the housing market, as high mortgage rates and economic uncertainty have led many buyers to delay purchasing decisions. Regionally, new home sales increased in the South (up 5.1% to 390,000) and the Midwest (up 6.3% to 85,000), while declining sharply in the Northeast (down 27.6% to 21,000) and the West (down 8.4% to 131,000). The number of unsold homes on the market rose to 511,000, the highest since October 2007, up from 505,000 in May. At the current sales pace, it would take 9.8 months to sell all the new houses available, slightly longer than May’s 9.7 months. The median price for a new home fell 2.9% to $401,800 in June compared to a year ago.
Published on 2025-07-24

US New Home Sales Miss Expectations
Sales of new single-family homes in the United States rose 0.6% in June 2025 to a seasonally adjusted annualized rate of 627,000 units, slightly up from May’s seven-month low of 623,000 but still well below market expectations of 650,000. The data indicate continued pressure on the housing market, as high mortgage rates and economic uncertainty have led many buyers to delay purchasing decisions. Regionally, new home sales increased in the South (up 5.1% to 390,000) and the Midwest (up 6.3% to 85,000), while declining sharply in the Northeast (down 27.6% to 21,000) and the West (down 8.4% to 131,000). The number of unsold homes on the market rose to 511,000, the highest since October 2007, up from 505,000 in May. At the current sales pace, it would take 9.8 months to sell all the new houses available, slightly longer than May’s 9.7 months. The median price for a new home fell 2.9% to $401,800 in June compared to a year ago.
Published on 2025-07-24

US New Home Sales Miss Expectations
Sales of new single-family homes in the United States rose 0.6% in June 2025 to a seasonally adjusted annualized rate of 627,000 units, slightly up from May’s seven-month low of 623,000 but still well below market expectations of 650,000. The data indicate continued pressure on the housing market, as high mortgage rates and economic uncertainty have led many buyers to delay purchasing decisions. Regionally, new home sales increased in the South (up 5.1% to 390,000) and the Midwest (up 6.3% to 85,000), while declining sharply in the Northeast (down 27.6% to 21,000) and the West (down 8.4% to 131,000).
Published on 2025-07-24

US New Home Sales Plunge the Most in 3 Years
Sales of new single-family homes in the United States plunged by 13.7% from the previous month to a seasonally adjusted annualized rate of 623,000 units in May of 2025, erasing the downwardly revised 9.6% increase in the previous month. The result was sharply below expectations that sales would be just under 700,000 units to reflect the sharpest decline since June of 2022, as higher mortgage rates and uncertain economic conditions drove households to wait before buying homes.
Published on 2025-06-25

US New Home Sales Plunge the Most in 3 Years
Sales of new single-family homes in the United States plunged by 13.7% from the previous month to a seasonally adjusted annualized rate of 623,000 units in May of 2025, erasing the downwardly revised 9.6% increase in April. The result was sharply below expectations that sales would be just under 700,000 units to reflect the sharpest decline since June of 2022, as higher mortgage rates and uncertain economic conditions drove households to wait before buying homes. New home sales sank in the South (-21% to 349,000), the West (-5.4% to 159,000), and the Midwest (-7.1% to 78,000. The median home price rose by 1.4% to 507,000, representing 9.8 months of supply at the latest sales pace.
Published on 2025-06-25

US New Home Sales Plunge the Most in 3 Years
Sales of new single-family homes in the United States plunged by 13.7% from the previous month to a seasonally adjusted annualized rate of 623,000 units in May of 2025, erasing the downwardly revised 9.6% increase in the previous month. The result was sharply below expectations that sales would be just under 700,000 units to reflect the sharpest decline since June of 2022, as higher mortgage rates and uncertain economic conditions drove households to wait before buying homes. New home sales sank in the South (-21% to 349,000), the West (-5.4% to 159,000), and the Midwest (-7.1% to 78,000. The median home price rose by 1.4% to 507,000, representing 9.8 months of supply at the latest sales pace.
Published on 2025-06-25

US New Home Sales Plunge the Most in 3 Years
Sales of new single-family homes in the United States plunged by 13.7% from the previous month to a seasonally adjusted annualized rate of 623,000 units in May of 2025, erasing the downwardly revised 9.6% increase in April. The result was sharply below expectations that sales would be just under 700,000 units to reflect the sharpest decline since June of 2022, as higher mortgage rates and uncertain economic conditions drove households to wait before buying homes. New home sales sank in the South (-21% to 349,000), the West (-5.4% to 159,000), and the Midwest (-7.1% to 78,000. The median home price rose by 1.4% to 507,000, representing 9.8 months of supply at the latest sales pace.
Published on 2025-06-25

US New Home Sales Surge
Sales of new single-family homes in the United States surged by 10.9% from the previous month to a seasonally adjusted annualized rate of 743,000 units, extending the downwardly revised 2.6% increase in the previous session and sharply higher than market expectations of a softer rate of 692,000 homes sold. It was the sharpest increase since August of 2022, lifting home sales to their highest since February 2022, likely helped by builder incentives aimed at alleviating affordability challenges that have a firm grip on the resale market. This was enough to offset the increase in mortgage rates during the month. Sales rose the most in the South (11.7% to 478,000) and the Midwest (35.5% to 84,000). In turn, sales dropped sharply in the Northeast (-14.8% to 23,000). The median home price rose by 0.8% to $407,200. In turn, housing inventory was at 504,000 units, equivalent to 8.1 months of supply at the latest sales rate.
Published on 2025-05-23

US New Home Sales Surge to 6-Month High
Sales of new single-family homes in the United States surged by 7.4% from the previous month to a seasonally adjusted annualized rate of 724,000, extending the 1.8% increase in the earlier period to the highest in six months, and firmly above market expectations of 680,000 homes. The sales were in line with the growth in mortgage applications in the period as benchmark borrowing costs fell. The surge in sales was the most prominent in the South (13.6% to 483,000 and the Midwest (3% to 69,000), which offset declines in the Northeast (-22.2% to 28,000) and the West (-1.4% to 144,000). The median home price eased by 1.9% to $403,600. Meanwhile, housing inventory was at 503,000 units, equivalent to 8.3 months of supply at the current sales rate.
Published on 2025-04-23