New Home Sales Down 6.2% in April

New home sales fall sharply below last year's pace.

The U.S. Government is reporting that sales of new single-family houses in April, 2026 were at a seasonally adjusted annual rate of 622k, which is 6.2% lower than March's revised rate and is 11.3% lower than one year ago. The median sales price of new houses sold in April was $422,500 with an average sales price of $508,800. There were an estimated 489k new houses for sale at the end of April representing an 8-month supply at the current sales rate.