Sales of new single family homes rose 6.4% in August to a seasonally adjusted annual rate of 684,000, Reuters reported, citing Census Bureau data. It's the highest level since December 2025 and well above the 615,000 that economists polled by Reuters expected. July was revised up to 643,000.
Price cuts and incentives helped. The median price of a new house fell 5.8% from a year earlier to $393,700, and most homes sold for under $499,999. Regional results split widely: sales rose 84.9% in the Midwest and 6.9% in the South but fell 36.1% in the Northeast and 15.2% in the West.
Mortgage rates remain a drag. Reuters noted that the 30 year fixed rate had climbed nearly 100 basis points since the war with Iran began in late February, averaging 6.95% the week before, per Freddie Mac. New homes for sale held at 483,000, or 8.5 months at the August pace.
Source: US new home sales jump to eight month high in August, Reuters, September 24, 2026. This is a short summary written by Brazil Floors. All facts, figures and quotes belong to the original report, so read the full story at the link.
More Flooring News
{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://www.brazilfloors.com/news/new-home-sales-august-2026#article","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.brazilfloors.com/news/new-home-sales-august-2026"},"url":"https://www.brazilfloors.com/news/new-home-sales-august-2026","headline":"New Home Sales Jump to an Eight Month High in August","description":"Reuters reports sales rose 6.4% to a 684,000 annual rate as builders cut prices, while the median new home price fell 5.8% to $393,700.","image":["https://cdn.prod.website-files.com/69f4e6efa4b05c7c510fad3d/6ad02ca33ec0a6d84561b4c2_6ad02c88b3251207df213746_brazil-floors-news-dark-plank-living-room.jpeg"],"datePublished":"2026-09-24T08:00:00-04:00","dateModified":"2026-10-14T21:00:00-04:00","author":{"@type":"Organization","name":"Brazil Floors","url":"https://www.brazilfloors.com"},"publisher":{"@id":"https://www.brazilfloors.com/#organization"},"articleSection":"New Homes & Housing","inLanguage":"en-US","isAccessibleForFree":true,"isBasedOn":{"@type":"NewsArticle","headline":"US new home sales jump to eight month high in August","url":"https://www.reuters.com/world/us/us-new-home-sales-jump-eight-month-high-august-2026-09-24/","publisher":{"@type":"Organization","name":"Reuters"},"datePublished":"2026-09-24"},"citation":"https://www.reuters.com/world/us/us-new-home-sales-jump-eight-month-high-august-2026-09-24/","creditText":"Summary by Brazil Floors of reporting by Reuters"},{"@type":"Organization","@id":"https://www.brazilfloors.com/#organization","name":"Brazil Floors","url":"https://www.brazilfloors.com","logo":{"@type":"ImageObject","url":"https://cdn.prod.website-files.com/69f4e6eca4b05c7c510fac96/69f4ed2bb177f81c6c057136_logo-header%20(4).svg"},"telephone":"+1-800-909-0730","email":"sales@brazilfloors.com"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://www.brazilfloors.com/"},{"@type":"ListItem","position":2,"name":"News","item":"https://www.brazilfloors.com/news"},{"@type":"ListItem","position":3,"name":"New Home Sales Jump to an Eight Month High in August","item":"https://www.brazilfloors.com/news/new-home-sales-august-2026"}]}]}
.svg){kind=logo}
