Sales of new single-family homes in the United States eased by 0.6% from the previous month to a seasonally adjusted annualized rate of 652,000 units in July of 2025, trimming the revised 4.1% increase in the earlier period and above market expectations of a 630,000 sold homes.
Regionally, sales fell sharply in the Mid-west (-6.6% to 85,000) and the South (-3.5% to 388,000), offsetting growth in the West (11.7% to 153,00). In turn, new home sales remained unchanged in the Northeast (at 26,000).
In the meantime, the number of unsold homes on the market also fell by 0.6% to 499,000, equivalating to 9.2 months of inventory at the latest sales pace. The median sales price was $403,800, 0.8% below the price from the last month.
Source : Trading Economics
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