• Prior 394k. Revised to 390k.
  • Average sale price at $254,600 (+0.6%) from $253,200 a year ago
  • New home supply at 5.0 from 5.2. 175k homes for sale by end of August, highest since March 2011

Home sales put in a decent recovery from the revised 14.1% fall in July, rising by 7.9%

US New home sales vs mortgage rate 25 09 2013

US New home sales vs mortgage rate 25 09 2013