Sales of new single-family homes in the United States inched lower by 0.1% from the previous month to a seasonally adjusted annualized rate of 737,000 units in October of 2025, ahead of expectations of 715,000 and loosely holding the 3.8% increase from September, which lifted sales to their highest level in over two years. Sales fell in the West (-36.3% to 109,000), the Northeast (-14.3% to 24,000), and the Midwest (-9% to 91,000), offsetting the sharp increase in the South (16.9% to 513,000). The number of houses for sale was estimated at 488,000, ahead of comparable levels from the previous year, to represent the supply of 7.9 months at the latest sales rate. Meanwhile, the median sales price for new homes was $392,300, an increase of 8% from the previous year.

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