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US August new home sales 800K vs 650K expected

US August new home sales 800K vs 650K expected

News
Adam Button
24/09/2025 | 14:02 GMT
  • Big jump in new home sales
housing starts
  • Best reading since 2022
  • Prior was 652K (revised to 664K)

The 20.5% jump in sales was a major surprise compared to the 0.3% decline expected.

  • Median sale price 413.5K or +1.9% From Aug 2024 (prev 403.8K or -5.9%)
  • Inventories 7.4 months vs 9.0 prior

These numbers are hard to believe as they came before mortgage rates fell below 6.5%. Is this a gamechanger or a statistical blip? The latest home-builder sentiment numbers certainly don't show this kind of buying surge. The release doesn't offer any hints at what happened.

US new home sales
US new home sales

At least this underscores the USD rally today.

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