Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
August US New-Home Sales Accelerate. Still Down From Year-Ago

August US New-Home Sales Accelerate. Still Down From Year-Ago

MT newswireMT newswire2026/09/24 14:10
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.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!