New Home Sales Up 7.4% in March

The U.S. Government is reporting that sales of new single-family houses in March, 2026 were at a seasonally adjusted annual rate of 682k, which is 7.4% higher than February’s revised rate and is 3.3% higher than one year ago.  The median sales price of new houses sold in March was $387,400 with an average sales price of $503,100.  There were an estimated 481k new houses for sale at the end of March representing an 8.5 month supply at the current sales rate.

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