U.S. new home sales beat expectations and rose for the first time in three months, though any recovery could be choppy because buyers still must contend with elevated mortgage rates and geopolitical uncertainty.
Sales of new homes post modest rebound as buyers navigate high mortgage rates
First gain since March offers glimmer of optimism amid affordability concerns
By Paul Owers
CoStar NewsJuly 24, 2026 | 8:05 P.M.
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IN THIS ARTICLE
- Companies
- Lennar
Construction
- D.R. Horton
Construction
- Santander Group
Finance and Insurance