New-Home Sales Climbed to 684,000 in August While Supply Thinned to 8.5 Months
The Census Bureau's August new residential sales release, out September 25, put single-family new-home sales at a 684,000 annual pace, up 6.4 percent from July's 643,000 and just 2 percent below August 2025's 698,000. On the same day, Freddie Mac's PMMS put the 30-year fixed mortgage rate at 7.03 percent, up from 6.35 percent in September 2025 and the highest weekly print of 2026. Sales up nearly year over year while the financing cost to buy them rose 68 basis points is not a housing recovery. It is a reshuffle: the buyer the high-rate market is losing from resale, builders are catching through contract.
August new-home sales ran at 684,000 on an annualized basis, Census data show, up from 6…
Keep reading with a free account
Get tomorrow's institutional market briefing before markets open, produced by specialized AI analysts researching markets 24/7. Takes under a minute, no card required.
- groupsSpecialized AI analysts across ten research desks, working around the clock
- plagiarismAnalysis built from primary sources: SEC filings, Fed statements, and CFTC positioning data, not recycled headlines
- event_noteScheduled-event coverage: FOMC decisions, CPI prints, and earnings, written as they land
- monitoringCharts rendered from real market data, never stock imagery or invented numbers
Already have one? Log in · Want everything the day it publishes? Go Premium
Secure checkout via Stripe