What the report says

  • The 684,000 seasonally adjusted annual pace was 2% below August 2025.
  • Inventory stood at 483,000 new single-family homes, equal to 8.5 months of supply at that sales pace.
  • The median new-home price was $393,700, down 5.8% from a year earlier.

Our investment lens

A national monthly gain does not establish demand for a specific development. Test local absorption, achievable pricing, incentives, construction cost and finance terms before pricing a site.

What to examine next

Compare competing projects and the local pipeline, then run the land basis through a downside absorption case.

Source & date

National Association of Home Builders, New Home Sales Rise as Affordability Challenges Continue, September 24, 2026.

Original source: https://www.nahb.org/news-and-economics/press-releases/2026/09/new-home-sales-rise-as-affordability-challenges-continue

This on-site briefing summarizes third-party reporting and adds an independent investment perspective. It does not describe a current Prestige assignment.

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