New-Home Sales Pace vs. Existing-Home Sales Pace
New single-family home sales ran at a seasonally adjusted annual rate of 628,000 in June 2026, according to the Census Bureau and HUD’s joint New Residential Sales report. That is up 1.6% from May 2026’s revised 618,000 pace, but still 5.6% below June 2025’s 665,000, a market improving month over month while running behind where it stood a year earlier.
Existing-home sales ran at a seasonally adjusted annual rate of 4.09 million over the same month, per NAR, with a median sales price of $440,600 and 4.6 months of inventory on the market. Existing homes outsell new construction by a wide margin every month, the gap this page’s mix calculation is built to size precisely.
The 13/87 Split, and Why It Is a Calculation, Not a Published Figure
Neither Census nor NAR publishes a single combined new-versus-existing market-share number. Combining the two official series above, 628,000 new-home sales against 4.09 million existing-home sales, works out to new construction representing roughly 13% of completed single-family-equivalent home sales in June 2026, with existing homes making up the remaining 87%. This is a VA Horizon calculation built from the two cited government and trade-association reports, not a figure either source states outright, and it carries one methodological caveat worth noting: the Census new-home figure is single-family only, while NAR’s existing-home figure includes condos and co-ops, so the two baskets are not a perfect match, a standard industry comparison rather than an exact ratio.
For a wholesaler working a submarket where builders are active, that 13% is the rough size of the competing inventory a buyer could choose instead of an assignment deal, smaller than existing-home volume by a wide margin, but not small enough to ignore in a market where new construction is concentrated.
The Numbers
New single-family home sales ran at a seasonally adjusted annual rate of 628,000 in June 2026, up 1.6% from May 2026’s revised 618,000 and down 5.6% from June 2025’s 665,000.
U.S. Census Bureau and HUD, "Monthly New Residential Sales, June 2026"
Existing-home sales ran at a seasonally adjusted annual rate of 4.09 million in June 2026, with a median sales price of $440,600 and 4.6 months of inventory.
Combining the two figures above, new construction accounted for roughly 13% of completed single-family-equivalent home sales in June 2026, existing homes the remaining 87%, a calculation drawn from the Census and NAR data rather than a directly published figure.
Sources
The external data in this article draws on the sources below. Figures described in the text as estimates or industry triangulations are directional and are not attributed to a single dataset.