Sales of new single-family homes increased 5.7% in September from the prior month, topping most analysts’ estimates. The Commerce Department said the seasonally adjusted rate of 313,000 units last month rose from 296,000 for August, which was revised upward 1,000. September new home sales were 0.9% lower than the rate of 316,000 a year earlier. The seasonally adjusted estimate of new homes for sale at Sept. 30 was 163,000, representing a 6.2-month supply. A healthy housing market usually carries a six-month supply of single-family homes. Analysts surveyed by Econoday expected the rate of new home sales to reach 302,000 in September with a range of estimates between 285,000 and 312,000. The median sales price of new homes sold in September was $204,400 down 2.2% from $209,100 in August. The average sale price fell to $243,900 from $246,000 in August and is at the lowest level since early 2009. Write to Jason Philyaw. Follow him on Twitter: @jrphilyaw.
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
Most Popular Articles
Foreclosures climb 21% in first half of 2026, pushed by higher stress in FHA, VA mortgages
U.S. foreclosure activity rose again in the first half of 2026, with 227,548 properties receiving filings, up 21% from the same period in 2025, according to ATTOM’s midyear foreclosure report.
Jul 16, 2026
-
Michigan’s Whitmer steps up, signs single-stair reform into law
Jul 22, 2026 -
Senior housing wealth reaches record level in first quarter
Jul 21, 2026 -
The housing market not normalizing, as affordability failure persists
Jul 20, 2026 -
NEXA Lending and former partner Mat Grella end legal fight
Jul 20, 2026 -
We are not ready for the next housing downturn
Jul 21, 2026
Latest Articles
4 expert tips to help originators win in today’s market
Two senior AEs describe how originators are adjusting to a higher-rate market by focusing on what they can control. They highlight HELOC and non-QM opportunities, niche targeting such as self-employed borrowers and using AEs as proactive scenario partners.
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio