Sales of new single-family houses in April 2026 were at a seasonally adjusted annual rate of 622,000, down 6.2% from 663,000 in March 2026 and down 11.3% from 701,000 in April 2025, based on figures released jointly by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The seasonally adjusted estimate of new houses for sale at the end of April was 489,000, up from 481,000 in March and down from 500,000 a year earlier. That inventory level represents a 9.4-month supply at the current sales rate, compared with 8.7 months in March and 8.6 months in April 2025.
The median sales price of new houses sold in April was $422,500, up from $391,100 in March and up from $413,600 a year earlier. The average sales price was $508,800, compared with $505,200 in March and $514,300 in April 2025.
NAHB said the April decline likely reflects elevated mortgage rates, higher inflation and economic uncertainty. The 30-year fixed rate rose to 6.51% in the week ended May 21 from 6.36% a week earlier, while the 15-year climbed to 5.85% from 5.71%.
By region, April’s seasonally adjusted annual sales rates were 27,000 in the Northeast, 66,000 in the Midwest, 370,000 in the South and 159,000 in the West. On a year-to-date basis in the not seasonally adjusted tables, sales were up 7.3% in the Midwest and down 9.7% in the Northeast, down 7.6% in the South and down 9.5% in the West.
The seasonally adjusted inventory at the end of April included 111,000 homes not started, 256,000 under construction and 122,000 completed. On a not seasonally adjusted basis, 58,000 new homes sold during April, with 9,000 priced under $300,000, 18,000 at $300,000 to $399,999, 13,000 at $400,000 to $499,999, 7,000 at $500,000 to $599,999, 7,000 at $600,000 to $799,999, 2,000 at $800,000 to $999,999, and 4,000 at $1,000,000 and over.