Sales of new single-family homes in the US tumbled 7.3% month-over-month to a seasonally adjusted annualized rate of 580 thousand in May 2026, the lowest in four months, following an upwardly revised 626 thousand in April and well below forecasts of 640 thousand. New home sales declined for a second month in a row, as higher mortgage rates weighed on buyers. Sales plunged 26.9% in the West (to 117 thousand) and fell 4.1% in the South (to 350 thousand). In contrast, sales rose 3% in the Northeast (to 34 thousand) and soared 16.2% in the Midwest (to 79 thousand). Meanwhile, housing supply increased to 496,000 units, equivalent to 10.3 months of supply at the last sales rate, the highest level since 2009. Also, the median sales price of homes was at $424,900, compared to $416,500 in April and $424,800 a year earlier. source: U.S. Census Bureau
New Home Sales in the United States decreased to 580 Thousand units in May from 626 Thousand units in April of 2026. New Home Sales in the United States averaged 656.12 Thousand units from 1963 until 2026, reaching an all time high of 1389.00 Thousand units in July of 2005 and a record low of 270.00 Thousand units in February of 2011. This page provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States New Home Sales - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
New Home Sales in the United States decreased to 580 Thousand units in May from 626 Thousand units in April of 2026. New Home Sales in the United States is expected to be 650.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States New Home Sales is projected to trend around 615.00 Thousand units in 2027 and 630.00 Thousand units in 2028, according to our econometric models.