Why August home prices and September new home sales need context
HousingWire reports Case-Shiller prices rose 2.1% year over year in August 2026, while September new home sales ran at 676,000.
Key facts
- Case-Shiller's national home price index gained 2.1% over the year to August 2026, following a 1.9% rise the month before.
- Census Bureau: new single-family home sales were at a seasonally-adjusted annual rate of 676,000 in September 2026, against 680,000 in August 2026 and 714,000 in September 2025.
- The HousingWire author says builder buydowns put effective mortgage rates between 4.75% and 5.75%.
- Mortgage rates started to go above 7% in September, according to the article.
- The author says new home sales have stayed between 570,000 and 730,000 a month for years.
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Source: Why home prices and new home sales aren’t as hot as today’s reports show — HousingWire, October 27, 2026. Summary and commentary by RISE Community; read the full story at the source.
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