REUTERS/Gary Cameron
A construction worker applies new roofing material to an existing house undergoing a total makeover in Washington, U.S. June 2, 2016.
Analysts project new home sales to decrease by 1.0% from the prior month to a seasonally adjusted annual rate of 600,000.
Last month, new home sales dropped precipitously, falling by 7.9% from the month before. This, however, followed a 13.8% increase for the month of July, which was the strongest since July 2007.
The number will cross at 10 a.m. ET, and we'll have the number right as it crosses.