U.S. New Home Sales Up in July

U.S. sales of new single-family homes in July were at a seasonally adjusted annual rate of 739,000, increasing 10.6% from June and 5.6% higher than the comparable month in 2023.

The seasonally adjusted estimate of new homes for sale through July was 462,000, indicating a 7.5-month supply at the existing sales rate. See U.S. Census Bureau

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