09/24/2025
🏡 Housing Update!!
New home sales made a big move in August:
📈 Sales jumped nearly 21% month-over-month
🚀 Annual pace reached 800,000 units, the fastest we’ve seen since 2022
This unexpected jump was likely fueled by a recent dip in mortgage rates, giving buyers more confidence to act. Families continue to see the value, efficiency, and lifestyle advantages of new construction.
Curious to hear from others, what trends are you seeing in your markets?
Signed contracts for new single-family homes were at a seasonally adjusted annual rate of 800,000 in August, up 21% from the prior month.