New Home Sales Increased in August; Completed Inventory Increased

New Home Sales Increase to 685,000 Annual Rate in August

The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 685 thousand.

The previous three months were revised up, combined.

Sales of new single‐family houses in August 2022 were at a seasonally adjusted annual rate of 685,000, according to estimates released jointly today by the U.S. Census Bureau and the Depa…