New Home Sales Reach 684,000 as Supply Falls in August
U.S. new-home supply fell to 8.5 months in August, down from 9.0 months in July, even as builders kept nearly half a million homes on the market. The Census Bureau and HUD's September 24 release shows that August sales rose to a 684,000 annual pace, but the inventory mix and falling median price make the monthly sales gain less conclusive than it first appears.
Key Takeaways August new-home sales reached a 684,000 annual rate, up 6.4% from July but down 2.0% from August 2025, according to Census and HUD on September 24, 2026.
Related reading: Housing Week: More Listings, But Buyers Still Face a Payment Wall .
Listed new-home inventory stayed at 483,000 in August, while months' supply eased to 8…
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