New Home Sales Decline 6.2 Percent, Pressure on Builders to Lower Prices
Sales are mostly stable in a broad range, but inventories are rising and consumer sentiment souring. The Census Department New Residential Sales report for April 2026 shows a 6.2 percent decline in sales. New Home Sales Sales of new single-family houses in April 2026 were at a seasonally-adjusted annual rate of 622,000. This is 6.2 percent (±12.8…
