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US New-Home Sales Rise in June, Down Year-Over-Year

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US new-home sales rose to a 628,000 annual rate in June from an upwardly revised 618,000 rate in May, compared with a 607,000-rate expected in a survey compiled by Bloomberg as of 7:50 am ET.

Home sales were still down 5.6% from June 2025.

The supply of homes available for sale fell by 0.2% to 485,000, down 3.2% from a year ago.

The median sales price decreased to $398,300 from $412,000 in June, below the $409,200 level a year ago.

The monthly new-home sales report from the US Commerce Department measures sales of new single-family homes at the time of the contract signing.

The report includes the number of new homes available for sale and the median sales price. A strong reading is a positive sign for mortgage lenders, home builders and related consumer product companies.

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