AI Data Insight
The latest announced US median sales price of new homes for the second quarter of 2026 rebounded strongly to $422,500, jumping approximately 9% compared to the previous quarter. However, suppressed by high mortgage rates above 6.5%, overall new home sales fell short of expectations, and inventory climbed to 9.4 months. Looking ahead, builders may need to expand concessions, and the "buyer's market" characteristics of the housing market will become even more prominent.