US New Single-Family Home Sales Climb in March
Monthly New Residential Sales, March 2026
On Tuesday, the US Census Bureau and Department of Housing and Urban Development reported that new residential single-family home sales were at a seasonally adjusted annual rate (SAAR) of 682,000 in March, according to estimates. This is 7.4% above the February rate of 635,000 and 3.3% above the March 2025 estimate of 660,000.
The Census Bureau noted that the February and March data releases were combined due to delays related to the 2025 government shutdown.
The seasonally adjusted estimate of new houses for sale at the end of March was 481,000, 0.4% below the February estimate of 483,000 and 4.6% below the March 2025 estimate of 504,000. This represents a supply of 8.5 months at the current sales rate—6.6% below the February estimate of 9.1 months and 7.6% below the March 2025 estimate of 9.2 months.
The median sales price was $387,400, 5.3% below the February price of $409,000 and 6.2% below the March 2025 price of $412,900.
The average sales price was $503,100, 3.4% below the February price of $521,000 and 1.2% below the March 2025 price of $509,200.
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