New-Home Sales Dip in July as Homebuilders Struggle To Entice Reluctant Buyers

New-Home Sales Dip in July as Homebuilders Struggle To Entice Reluctant Buyers

The median sales price of new houses sold in July was $403,800, down 5.9% from a year earlier and the lowest price since November 2024.

Buyers are turning away from new homes — unless they’re cheap

New home sales were down 8.2% in July compared to a year ago despite an uptick in builder incentives. But those priced under $300k are selling the fastest.

New Home Sales at 652,000 Annual Rate in July (Median Price Declines -5.9% YoY Despite Fed Money Printing)

What do you do with The Federal Reserve who keep printing money? According to the US Census Bureau, New Home Sales of new single-family houses in July 2025 were at a seasonally-adjusted annual rate of 652,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.This is 0.6 percent (±15.5 percent)* below the June 2025 rate of 656,000, and is 8.2 percent (±14.0 percent)* below…

New-Home Sales Slow as Buyers are Lethargic

As a long-running housing supply imbalance appears to be shifting, higher inventory is not currently drawing in buyers—at least in the market for new homes—which could raise concerns about “cutbacks in new construction,” per comments from National Association of Home Builders (NAHB) Chairman Buddy Hughes. Per findings from the U.S. Census Bureau, 652,000 newly constructed… The post New-Home Sales Slow as Builders, Economists Highlight Buyer Leth…

New Home Sales Flat as Affordability Concerns Persist – Eye On Housing

High mortgage rates, rising construction costs and economic uncertainty continue to deter many potential home buyers during this summer season. Sales of newly built single-family homes edged 0.6% lower in July, falling to a seasonally adjusted annual rate of 652,000 from an upwardly revised reading in June, according to newly released data from the U.S....