【Zillow】July New Home Sales: The New Construction Cool Down Continues

• There were 511,000 new home sales nationwide in July (SAAR), down 12.6% from June and down 29.6% from July 2021, according to the U.S. Census Bureau.
• The median sales price of new houses sold in July was $439,400.
• The seasonally-adjusted estimate of new houses for sale at the end of July was 464,000, a supply of 10.9 months at the current sales rate.

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