Sales of new, single-family houses in June rose 23.6 percent from May, though new home sales nationally were down 16.7 percent from a year ago.
The Commerce Department also reports the supply of new homes on the market represented 7.6 months worth of inventory, down from 9.6 months in May.
Sales rose in three of the nation's four regions.
In the South, which includes Virginia, Maryland and D.C., new home sales rose 33.1 percent from May. Sales in the South were down 6.1 percent from a year earlier.
The year-over-year decline in the South was the smallest annual decline among regions.
The report comes a week after Reston-based home builder NVR reported a surge in sales in the second quarter as buyers raced to beat the June 30 deadline to settle in order to qualify for the homebuyer tax credit.
NVR (NYSE: NVR) also reported new orders declined 6 percent during the second quarter, and its backlog of homes sold but not settled was down 16 percent from a year ago.
Read more: New home sales rise - Washington Business Journal
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