US: New home sales soar 20% in August to a three-year high

• Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July, according to the U.S. Census.
• That’s despite mortgage rates that are higher than they are today.
• The median price of a new home sold in August was $413,500, in increase of 1.9% year over year.

https://www.cnbc.com/2025/09/24/august-new-home-sales-soar.html