New Home Sales Jumped 20% in August Despite Rates

New home sales surged 20% in August, hitting their highest level in nearly three years—even as mortgage rates stayed above 6%. Kathy Fettke breaks down what drove the spike, from builder incentives to regional trends, and what experts like Robert Dietz and Ivy Zelman say this means for the housing market. Plus, what investors should watch when September's data arrives alongside falling mortgage rates.

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SOURCE: https://www.cnbc.com/2025/09/24/august-new-home-sales-soar.html