Newsletter: New Home Sales at 652,000 Annual Rate in July

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales at 652,000 Annual Rate in July

Brief excerpt:

The Census Bureau reported New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 652 thousand. The previous three months were revised up.
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The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in July 2025 were down 8.2% from July 2024.

New home sales, seasonally adjusted, have been down year-over-year for 7 consecutive months.

There is much more in the article.