US New Home Sales Expected to Fall in September After Rising in August
MT newswire2026/10/26 18:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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02:26 PM EDT, 10/26/2026 (MT Newswires) -- US new single family home sales are expected to decrease to a 650,000 annual rate in September based on a survey compiled by Bloomberg, after rising to 684,000 annual rate in August. Sales would be below the 714,000 annual rate reported in September 2025. The data are scheduled to be released at 10.00 am ET Tuesday. Single-family existing home sales increased by 2.0% in September, according to the data released on Oct. 13, but were down 1.9% from a year ago. Recent mortgage application data from the Mortgage Bankers Association showed that mortgage rates increased in September. The supply of new homes was the same as the previous month's level at 483,000 but were down from a year earlier in the last month's report for August. The median sales price was up marginally in August but down compared to the previous year. Home building data released on Oct. 20 showed declines in housing starts and building permits, but completions were up 2.2% in September compared to the previous month, suggesting more supply for purchase. However, the National Association for Home Builders reported on Oct. 19 that builder sentiment fell to an index reading of 29 in October from 32, a second straight monthly decline that NAHB attributed to continued affordability challenges.
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