Nasdaq Gains 50 Points; US New Home Sales Rise In February

US new-home sales rise slightly following weather-related plunge

Sales of new homes in the US bounced back slightly last month from a rocky start to 2025 as homebuilders benefited from better weather while leaning on generous sales incentives to stoke demand.

Live: New home sales in the United States rose during...

Sales of new homes and houses rose less than expected in February in the United States, despite a drop in mortgage rates. The number of unsold residential properties has meanwhile risen, the U.S. Department of Commerce announced today. Sales rose 1.8 percent to an annualized adjusted level of 676,000 units compared to February.

Nasdaq Gains 50 Points; US New Home Sales Rise In February

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 50 points on Tuesday. The Dow traded down 0.06% to 42,556.82 while the NASDAQ climbed 0.29% to 18,241.49. The S&P 500 also rose, gaining, 0.06% to 5,770.81. Check This Out: Top 2 Health Care Stocks That Are…

New home sales in the U.S. recovered from the January slump in February 2025 and rose. But less than economists had predicted, as high interest rates on mortgages continued to affect demand and kept sales under pressure. This was announced on Tuesday by the statistics department of the US Department of Commerce, AP, AFP and RTTNews report. New home sales in the U.S. rose 1.8 percent to a seasonally adjusted annual rate of 676,000 last month afte…

Slight Decline in Rates Helps New Home Sales to Edge Higher in February

A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong headwind on the market. Sales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January...