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2026-02-20 23:32:39
[US New Home Sales Rebounded at the End of Last Year] New home sales in the US rebounded at the end of last year, driven by a combination of factors: developers offering widespread sales incentives and slightly lower financing costs. Data released by the US government on Friday showed a significant increase in new single-family home sales in November, with December sales reaching an annualized rate of 745,000 units. This data was delayed due to the federal government shutdown last fall. Economists surveyed by Bloomberg had previously predicted December sales of approximately 730,000 units. The report covers data from the last two months of last year, showing that the sales increase in October and November was the largest since August 2022. The median new home sales price in December fell 2% year-over-year to $414,400. Throughout 2025, there are only three months in the US where home prices do not decline year-over-year. Although new homes account for only about 15% of total home sales in the United States, the strong performance at the end of 2025 will inject positive vitality into the overall sluggish U.S. housing market.
