Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Decrease to 623,000 Annual Rate in May
Brief excerpt:
The Census Bureau reported New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 623 thousand. The previous three months were revised down.
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The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in May 2025 were down 6.3% from May 2024.
New home sales, seasonally adjusted, have been down year-over-year in 4 of the last 5 months.
There is much more in the article.