Joomla has released it newest version of Joomla 3.2.0 Stable today. You can download it here:
New Installations: Click here to download Joomla 3.2.0 (Full package) »
Update Package: Click here to download Joomla 3.1.x to 3.2.0 (Update package) »
Joomla 3 is the latest major release of the Joomla CMS, with Joomla 3.2 the third minor release in this series. The Production Leadership Team's goal is to continue to provide regular, frequent updates to the Joomla community. Learn more about Joomla! development at the Developer Site.
A big thank you goes out to everyone that contributed to Joomla 3.2! Joomla 3.2 is our largest release ever, in terms of bug fixes and new features. Since the release of 3.1.5, over 1085 commits have been made to the code base with 50 different people contributing to commits (not including testers and other non-coding activities). And best of all is that the new features are awesome!
Joomla 3 is the latest major release of the Joomla CMS, with Joomla 3.2 the third standard-term support release in this series. Please note that going from Joomla 3.1 to 3.2 is a one-click upgrade and is NOT a migration. The same is true is for any subsequent versions in the Joomla 3 series.