By Census: New sale of home sales of new single -family homes in August 2025 was a seasonal annual rate of 800,000, according to estimates that are today released jointly by the US Census Bureau and the Department of Housing and Urban Development. This is 20.5 percent (± 21.8 percent)* above the percentage of July […]
Despite the record -high turnover, the number of new houses for sale fell slightly to 490,000, which represents a stock of 7.4 months in the current sales pace. That is lower than 9.0 months in July and 8.2 months a year earlier, which reflects a closer inventory. The data painting a cloudy image of what […]
Despite this decrease, economists love First American‘s Odeta Kushi, say that the sale of new house in July exceeded the expectations, which came after the numbers of June, were revised upstairs. As the pace of the sale of new home delayed, the inventory rose at the end of July to 499,000 units, an increase of […]