August US New-Home Sales Accelerate. Still Down From Year-Ago
MT newswire2026/09/24 14:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:10 AM EDT, 09/24/2026 (MT Newswires) -- US new-home sales increased to a 684,000 annual rate in August from an upwardly revised 643,000 rate in July, above the 616,000 rate expected in a survey compiled by Bloomberg. Home sales were still down 2.0% from August 2025. The supply of homes available for sale remained flat at 483,000, down 2.0% from a year ago. The median sales price increased to $393,700 from $392,200 in August, below the $417,900 level a year ago. The monthly new-home sales report from the US Commerce Department measures sales of new single-family homes at the time of the contract signing. The report includes the number of new homes available for sale and the median sales price. A strong reading is a positive sign for mortgage lenders, home builders and related consumer product companies.
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