- Prior was 811K (revised to 839K)
- Single family sales 801K
- Supply at 6.1 months vs 5.6 months prior
- Median price $423.3KL vs $373.2K a year ago
- New home sales price +13.4% y/y
The market is struggling to balance the demand equation with rising rates. US home builders have been hit hard in the past couple months.
