US August new home sales 740K vs 714K expected

US new home sales data for August 2021

• Prior was 708K
• Sing family home sales +1.5% m/m
• Prior sales +1.0% (revised to +6.4%)
• Median prices $390,900
• Average prices $443,200
• 6.1 months of supply

Sales in the midwest fell to the lowest since 2014 but that's going to bounce back and help to lift the index.

 
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September 25, 2021 at 02:00AM
Adam Button
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