August U.S. Home Sales Down

U.S. sales of new single-family homes in August were at a seasonally adjusted annual rate of 675,000, decreasing 8.7% from July but 5.8% higher than the comparable month in 2022.

The seasonally adjusted estimate of new homes for sale through August was 436,000, representing a 7.8-month supply at the current sales rate. See U.S. Census Bureau 

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