Prior month 0.623MNew home sales for June 0.627M vs 0.650M estimateNew-home sales percentage change 0.6% versus -11.6% last month.Month supply 9.8 months versus 9.7 months prior month. That is a high-ish number Median sales price $401,800, -4.9% below May 2025 level of $422,700, and 2.9% below the June 2024 price of $414,000Average sale price in June 2025 was $501,000, down -2% below May 2025 price and higher by +1.1% versus June 2024 price.New houses for sale 511,000, up 1.2%.
The existing home sales was released yesterday 3.93M vs 4.00M estimate and 4.04M last month.
This article was written by Greg Michalowski at investinglive.com.