AI Data Insight
According to the latest data, the seasonally adjusted inventory of new homes for sale in the US rose to 488.0 thousand units in Q3 2026, a slight increase from the previous figure of 485.0 thousand units, indicating that new home supply continues to remain at high levels. Constrained by high mortgage rates and heightened buyer price sensitivity, the months' supply of new homes has climbed past 9 months. It is expected that builders will further expand price cuts and concessions in the short term to accelerate inventory digestion.