New-home sales fell sharply in July as affordability stayed strained
U.S. new-home sales fell 10.5% in July as inventory rose to 9.6 months of supply, but mortgage rates near 6.66% limited the benefit of lower prices.
New Home Sales
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U.S. Housing Starts Rose to a 1.427 Million Annual Rate in June
U.S. housing starts climbed 19% from revised May levels in June 2026, while the second-quarter rental-vacancy rate was 7.3% and the homeownership rate was 65%.
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U.S. New-Home Sales Tick Up, but 9.3 Months of Supply Gives Buyers More Leverage
June new-home sales rose modestly, but high inventory, softer prices and builder incentives may give buyers more room to compare and negotiate.