Using Census Bureau estimates, sales of new homes decreased 11.5% from August to September, reports NAHB. A low demand made sales for new home contracts weak in September. NAHB suggested this could be due to a lack of economic activity at the start of the Fall season. This decrease was worst in the Northeast region with home sales having dropped 61.8%.

Despite this decline, sales for new homes in 2015 are up from where they were at this time in 2014. “Given strong levels of builder confidence, we expect future months’ data to show a return to this positive growth trend,” according to NAHB.