U.S. New-Home Sales & Prices — Client Brief SEPT 2025

U.S. New-Home Sales & Prices — Client Brief SEPT 2025

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U.S. New-Home Sales & Prices — Client Brief

National view • Latest released month: August 2025

🏡 Home Sales (U.S.)

  • New-home sales jumped 20.5% MoM to ~800k annual pace (largest monthly gain in years).
  • Up 15.4% YoY versus last August.
  • Builders boosting demand with rate buydowns, pricing discounts, and upgrades.
  • Inventory near 490k; months’ supply ~7.4 (down from 8+ a year ago).
  • Monthly report is volatile and often revised — spikes may moderate on revision.
  • Because sales are counted at contract signing, some deals can fall through if rates jump or buyers step back.
U.S. New-Home Sales Index (Illustrative trend, Sep ’24–Aug ’25)

💲 Home Prices (U.S.)

  • Median new-home price ≈ $413,500 in August.
  • ~+1.9% YoY — steady but not surging.
  • Incentives mean buyers frequently pay less effectively than the sticker price.
  • Existing-home prices are generally flat to slightly down in some regions.
  • Buyers are seeing more negotiation room (price cuts, longer time on market).
U.S. New-Home Median Price Index (Illustrative trend, Sep ’24–Aug ’25)

Notes: This is a national snapshot. Charts are illustrative indices visualizing the August sales surge (~+20.5% MoM) and modest price growth (~+1.9% YoY). For precision, replace with Census/BEA series or your MLS data exports when available.

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