The pace of new home sales climbed 0.7% in October to an annualized pace of 458,000 units.
Economists had forecast a pace of 471,000 units.
Sales climbed 7.1% in the Northeast and surged 15.8% in the Midwest. They declined in the South and the West.
The median new home sales price during the month was $US305,000.
According to the Census, there were 212,000 new houses for sale, which represents a 5.6 month supply.
Business Insider Emails & Alerts
Site highlights each day to your inbox.