Brief excerpt:
The Census Bureau reported New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 627 thousand. The previous three months were revised down, combined.There is much more in the article.
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The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in June 2025 were down 6.6% from June 2024.
New home sales, seasonally adjusted, have been down year-over-year for 6 consecutive months.