Affordablity Concerns Push New Home Sales Down in May

New Home Sales Drop Due to Affordability Concerns - The MortgagePoint

According to the National Association of Homebuilders (NAHB), high mortgage rates, growing inflation, and economic uncertainty prevented many purchasers from entering the market in May as both buyers and builders continue to struggle with difficult economic conditions.

New home sales down 6.8% from May 2025

Sales also decline 7.3% from April, while prices remain stable from the same time last year WASHINGTON — New home sales in May trailed activity from a year earlier, signaling that the market is still challenged as consumers are waiting for interest rates to come down. This has obvious implications for furniture sales as many people buy new furniture as they plan to move into new construction or an existing home. According to the U.S. Census Bure…

Affordablity concerns push new home sales down in May

Affordablity concerns push new home sales down in May June 25, 2026 | 11:19 am CDT Woodworking Industry News Affordablity concerns push new home sales down in May By Dakota Smith June 25, 2026 | 11:19 am CDT Print In addition to adjusting for seasonal effects, the May reading of 580,000 units is the number of homes that would sell if this pace continued for the next 12 months. WASHINGTON — Elevated mortgage rates, rising inflation and econ…