Sales of new single-family homes in the United States jumped by 20.5% from the previous month to a seasonally adjusted annualized rate of 800K units in August 2025, the highest level since January 2022, following an upwardly revised 664K in July and beating forecasts of 650K.
Discounting and promotional offers were probably the main forces behind the surge.
Sales soared in the Northeast (72.2% to 31K), the South (24.7% to 530K), the Midwest (12.7% to 89K) and the West (5.6% to 150K).
Meanwhile, the number of unsold homes on the market fell 1.4% to 490K, equivalating to 7.4 months of inventory at the latest sales pace.
The median sales price was $413,500, 4.7% higher than in the previous month.
source: U.S. Census Bureau
