02:52 PM EDT, 08/25/2025 (MT Newswires) -- New-home sales slowed to a 652,000 annual rate in July from a 656,000 rate in June and were down 8.2% from a 710,000 annual rate a year earlier.
Home supply fell by 0.6% to 499,000 from 502,000 in June but was up 7.3% from 465,000 in July 2024.
The Chicago Federal Reserve's National Activity index fell slightly to minus 0.19 in July from minus 0.18 in June. The three-month moving average rose to minus 0.18 from minus 0.26.
The Dallas Federal Reserve's monthly manufacturing reading fell to minus 1.8 in August from 0.9 in July, now indicating contraction in the sector.