CONVEX
Past Release · New Home Sales

April 2026 New Home Sales Report

Wednesday, April 1, 2026

New Home Sales printed at 622, a -6.18% move from the prior reading of 663.

Headline Reading
New Home Sales
622
Apr 1
Prior
663
Absolute
41
Percent
-6.18%

What to Watch For

  • Sales pace (annualized)
  • Median and average sale price
  • Months of supply at current pace
  • Cancellation rate (builder confidence proxy)
  • Revision to prior month (often large)

Expected Market Reaction

Strong sales: homebuilders rally, lumber and copper up. Weak sales: homebuilders sell off, but sometimes rates fall (growth concern), creating a cross-current. Months of supply above 8-9 signals severe oversupply.

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