Story · United States · 25 Aug 2026
U.S. new-home sales fell 10.5% in July
U.S. new single-family home sales were running at an annualised rate of 607,000 in July 2026, 10.5% below the previous month.
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-10.5%
Monthly sales change
607,000
New-home sales annual rate
678,000
Previous-month annual rate
Exam link: Monetary policy → mortgage and borrowing costs → housing demand and residential investment → aggregate demand
Understand the storyExpand Close
The U.S. Census Bureau estimated new-home sales at an annualised rate of 607,000 in July 2026. That was 10.5% lower than the revised June 2026 rate of 678,000.
What happened
New single-family home sales fell to an annualised 607,000 in July 2026, from a revised 678,000 in June. The month-on-month change was -10.5%.
Why it matters
New-home sales are sensitive to mortgage rates, household confidence and income expectations. They also affect residential investment and demand for construction labour and materials.
Economic context
For A-Level Economics, this is current evidence for interest-rate transmission, consumption and investment. Housing data are volatile and the Census release reports sampling uncertainty, so evaluate one month's movement alongside a longer trend.
All key dataExpand Close
- Monthly sales change
- -10.5%
- New-home sales annual rate
- 607,000
- Previous-month annual rate
- 678,000
Terms explainedExpand Close
Seasonally adjusted
The data have been adjusted to remove normal seasonal patterns, making one period easier to compare with another.
Annualised rate
The current monthly or quarterly pace expressed as if it continued for a full year. It is not the same as the actual total for the year.
Month-on-month
A comparison with the immediately previous month, rather than with the same month a year earlier.
Use it in an examExpand Close
Evidence
U.S. new single-family home sales were running at an annualised rate of 607,000 in July 2026, 10.5% below the previous month.
Explain
New-home sales are sensitive to mortgage rates, household confidence and income expectations. They also affect residential investment and demand for construction labour and materials.
Evaluate
For A-Level Economics, this is current evidence for interest-rate transmission, consumption and investment. Housing data are volatile and the Census release reports sampling uncertainty, so evaluate one month's movement alongside a longer trend.
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