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U.S. New Home Sales Rise 1.6% in June to 628,000 Units as Median Price Falls to $398.3K

2026-07-24 16:23:01

According to the U.S. Department of Commerce, new home sales in June rose to 628,000 units on an annualized basis, up 1.6% from May but down 5.6% year-over-year. The median sales price fell to $398,300, down 3.3% month-over-month and 2.7% year-over-year, while the average price dropped to $475,400, down 9.5% from May. New home inventory stood at 485,000 units at month-end, representing a 9.3-month supply.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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