"Sales of new single-family houses in October 2025 were at a seasonally-adjusted annual rate of 737,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.1 percent (14.2 percent)* below the September 2025 rate of 738,000, and is 18.7 percent (21.7 percent)* above the October 2024 rate of 621,000. There were some negative revisions to the past three months, but the trend still stayed positive."
"The seasonally-adjusted estimate of new houses for sale at the end of October 2025 was 488,000. This is virtually unchanged from the September 2025 estimate of 488,000, and is 1.7 percent (5.8 percent)* above the October 2024 estimate of 480,000. This represents a supply of 7.9 months at the current sales rate. The months' supply is virtually unchanged from the September 2025 estimate of 7.9 months, and is 15.1 percent (15.3 percent)* below the October 2024 estimate of 9.3 months."
Sales of new single‑family houses in October 2025 occurred at a seasonally‑adjusted annual rate of 737,000, a 0.1 percent decline from September but an 18.7 percent increase from October 2024. Recent months received some negative revisions, yet the underlying trend remains positive and sales are at multiyear highs. New houses for sale totaled 488,000 at the end of October 2025, essentially unchanged month‑over‑month and up 1.7 percent year‑over‑year, representing 7.9 months' supply. Months' supply has declined from peak levels over recent years. Housing permits have risen but remain below levels needed to signal a sustained construction growth cycle. Mortgage rates are near 6 percent, much lower than over 7 percent a year earlier.
Read at www.housingwire.com
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