Mid-Q2 new-home sales showed modest momentum nationwide: seasonally adjusted annualized sales reached ~726K, with activity ↑~1% MoM and ↑~2% yearly in total.
An index blending sales volume and community sales rates reached ~137, ↑~5% yearly and ↑~2% MoM after seasonal adjustment, signaling steady demand.
National pricing split by segment: high-end homes ↑~4% to $951K, while entry-level homes ↓~3% to $318K and move-up homes ↓~1% to $515K.
Incentives remained common: ~62% of to-be-built communities and ~79% of quick move-in supply publicly offered them, with builders emphasizing deal-closing over traffic generation.
National market conditions rated average versus history; quick move-in inventory totaled ~34K, ↓~8% yearly and ↓~4% MoM for new-home buyers tracking availability.
US New-Home Sales Tick Higher | When Experience and Results Matter
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