New Homes Have 9.6 Months of Supply. Resales Do Not.
Posted Friday August 28, 2026 in Real Estate
The existing-home market and the new-home market are not telling the same story this week. On Tuesday the Census Bureau and HUD reported that sales of new single-family houses fell to a 607,000 annual rate in July, down 10.5% from June and 6.3% from a year earlier. Inventory climbed to 488,000 homes. At July's sales…
