New Home Sales Decrease to 623,000 Annual Rate in May


by Calculated Risk on 6/25/2025 10:51:00 AM

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Decrease to 623,000 Annual Rate in May

Brief excerpt:

The Census Bureau reported New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 623 thousand. The previous three months were revised down.

New Home Sales 2024 2025The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in May 2025 were down 6.3% from May 2024.

New home sales, seasonally adjusted, have been down year-over-year in 4 of the last 5 months.

There is much more in the article.


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