U.S. sales of new single-family homes in May were at a seasonally adjusted annual rate of 623,000, down 13.7% from April and 6.3% lower than the comparable month in 2024.
The seasonally adjusted estimate of new homes for sale in May was 507,000, indicating a 9.8-month supply at the existing sales rate. This represents an increase of 18.1% from April and 15.3% from May 2024. See U.S. Census Bureau