March New-Home Sales Rose 7.4% in March

Washington, DC, May 5, 2026-Sales of new single-family houses in March 2026 were at a seasonally-adjusted annual rate of 682,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.4% above the February 2026 rate of 635,000 and is 3.3% above the March 2025 rate of 660,000.

Sales of new single-family houses in February 2026 were at a seasonally-adjusted annual rate of 635,000. This is 8.9% above the January 2026 rate of 583,000

The seasonally-adjusted estimate of new houses for sale at the end of March 2026 was 481,000. This is 0.4% below the February 2026 estimate of 483,000 and is 4.6% below the March 2025 estimate of 504,000.

This represents a supply of 8.5 months at the current sales rate. The months' supply is 6.6% below the February 2026 estimate of 9.1 months, and is 7.6% below the March 2025 estimate of 9.2 months.

The median sales price of new houses sold in March 2026 was $387,400. This is 5.3% below the February 2026 price of $409,000, and is 6.2% below the March 2025 price of $412,900. The average sales price of new houses sold in March 2026 was $503,100. This is 3.4% below the February 2026 price of $521,000, and is 1.2% below the March 2025 price of $509,200.