New Home Sales Surge 20.5% in August

The U.S. Government is reporting that sales of new single-family houses in August, 2025 were at a seasonally adjusted annual rate of 800k, which is 20.5% higher than July’s revised rate and is 15.4% higher than one year ago.  The median sales price of new houses sold in August was $413,500 with an average sales price of $534,100.  There were an estimated 490k new houses for sale at the end of August representing an 7.4-month supply at the current sales rate.

Click here to read the full report at the U.S. Census Bureau.