Dive Summary:

• New homes sold at an annualized pace of 373,000 last month, a shade below July and less than economists had predicted, but builders had to be happy with the other news about new homes.
• The median price of a new house in the U.S. reached $256,900 last month, a number it hasn't seen since March 2007.
• Also cheering those pulling for a solid recovery was the fact that the year-over-year change in the median price – 17% from August 2011 to this year – has not been that large since December 2004.

From the article:

Sales of newly built homes in the U.S. fell slightly 0.3% August, but prices posted their largest gains since late 2004. ...