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September US New-Home Sales Fall Less Than Expected, Down Year-Over-Year

September US New-Home Sales Fall Less Than Expected, Down Year-Over-Year

MT newswireMT newswire2026/10/27 14:08
10:08 AM EDT, 10/27/2026 (MT Newswires) -- US new-home sales decreased to a 676,000 annual rate in September from a downwardly revised 680,000-rate in August but was above a 651,000-rate expected in a survey compiled by Bloomberg. Home sales were down 5.3% from September 2025. The supply of homes available for sale fell by 1% to 476,000, down 2.3% from a year ago. The median sales price increased to $400,400 from $385,400 in September but was still below the $416,800 level a year ago. The monthly new-home sales report from the US Commerce Department measures sales of new single-family homes at the time of the contract signing. The report includes the number of new homes available for sale and the median sales price. A strong reading is a positive sign for mortgage lenders, home builders and related consumer product companies.
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