--- title: "US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows" type: "News" locale: "en" url: "https://longbridge.com/en/news/293768729.md" description: "US new home sales rose 1.6% month-over-month in June, marking the first increase in three months, though annual sales remain down 5.6% year-over-year. Median prices fell for a second consecutive month, nearing five-year lows. Despite lower mortgage rates, affordability remains challenged by recent rate reacceleration, limiting the impact on sales volume." datetime: "2026-07-24T14:14:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293768729.md) - [en](https://longbridge.com/en/news/293768729.md) - [zh-HK](https://longbridge.com/zh-HK/news/293768729.md) --- # US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows WithCase-Shiller reporting**existing home price declines**in half of America's largest cities, and despite a weaker homebuilder confidence print, New Home Sales were expected to rebound from April and May's ugly declines... and they did, but only very modestly. New home sales rose 1.6% MoM (+4.8% MoM exp) marking the first rise in three months, but May's 7.3% MoM decline was revised up to a mere 4.3% MoM decline. However, this bounce was not enough to get annual sales positive (still down 5.6% YoY)... Overall, **new home sales have really gone nowhere for four years** (but on the bright side, they are not as bad as existing- and pending-home-sales)... It seems lower mortgage rates (admittedly having risen for the last month) did nothing to help move new home sales, and now they are on the rise again... Median new home prices dropped for the second month in a row, back near their lowest levels since 2021... Unfortunately, the decline in price is more than offset by the recent reacceleration in mortgage rates, leaving Trump's affordability push dead in the water. ### Related Stocks - [DRN.US](https://longbridge.com/en/quote/DRN.US.md) - [DRV.US](https://longbridge.com/en/quote/DRV.US.md) - [SCHH.US](https://longbridge.com/en/quote/SCHH.US.md) - [IYR.US](https://longbridge.com/en/quote/IYR.US.md) - [SRHR.US](https://longbridge.com/en/quote/SRHR.US.md) - [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md) - [URE.US](https://longbridge.com/en/quote/URE.US.md) - [RWR.US](https://longbridge.com/en/quote/RWR.US.md) - [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md) ## Related News & Research - [The 10 housing markets where the most sellers have listed their homes for less than what they paid](https://longbridge.com/en/news/295710455.md) - [TABLE- US July existing homes sales data](https://longbridge.com/en/news/295548435.md) - [US existing home sales post second straight monthly decline in July](https://longbridge.com/en/news/295548429.md) - [US new home sales pick up in June, Census data shows](https://longbridge.com/en/news/293769040.md) - [U.S. New Home Sales Rebound In June, Annual Rate Exceeds Estimates](https://longbridge.com/en/news/293771545.md)