New U.S. home listings rose 2.6% in August to the highest level in over four years, driven by San Jose, Nashville, and Seattle. Total homes for sale increased 3.9%, the most since 2020. Pending sales were flat, and closed sales fell 0.5%, with high prices and mortgage rates limiting demand. San Francisco saw rising sales, while Seattle experienced declines amid tech job uncertainty. Nearly 60% of homes sold below asking price, especially in Florida and Texas.