EconomyUS new home sales jump to eight-month high in August

Sales of new U.S. single-family homes surged to an eight-month high in August as buyers took advantage of price cuts and other incentives. Rising mortgage rates linked to the war in the Middle East continued to weigh on the housing market.

US housing marketnew home salesmortgage rates

RReuters★★★☆☆2026-09-24 18:50Original