New Home Sales
Sales of new single-family houses in May 2026 were at a seasonally-adjusted annual rate of 580,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.3 percent (±13.3 percent)* below the April 2026 rate of 626,000, and is 6.8 percent (±12.8 percent)* below the May 2025 rate of 622,000.

For Sale Inventory and Months’ Supply
The seasonally-adjusted estimate of new houses for sale at the end of May 2026 was 496,000. This is 2.3 percent (±1.2 percent) above the April 2026 estimate of 485,000, and is 1.4 percent (±3.3 percent)* below the May 2025 estimate of 503,000.

This represents a supply of 10.3 months at the current sales rate. The months' supply is 10.8 percent (±19.2 percent)* above the April 2026 estimate of 9.3 months, and is 6.2 percent (±15.4 percent)* above the May 2025 estimate of 9.7 months.

Sales Price
The median sales price of new houses sold in May 2026 was $424,900. This is 2.0 percent (±10.8 percent)* above the April 2026 price of $416,500, and is virtually unchanged from the May 2025 price of $424,800. The average sales price of new houses sold in May 2026 was $540,600. This is 7.8 percent (±10.0 percent)* above the April 2026 price of $501,400, and is 5.0 percent (±9.3 percent)* above the May 2025 price of $514,800.