Subscribe
Finance and Economy

New home sales spike to highest level since 2022

By Zach Halaschak
Published
Add Washington Examiner on Google

New home sales rose sharply in August to the highest rate since 2022, an encouraging development for a housing market plagued by high prices and mortgage rates.

New home sales rose 20.5% in August to an 800,000 annual rate, according to a Wednesday report from the Census Bureau. The number of new home sales is 15.4% higher than in August 2024.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Business Economy Federal Reserve Housing Interest Rates Mortgage Rates Real Estate