New-home sales unexpectedly rise, showing some stabilization

Summary by Ground News

Purchases of new single-family homes increased 1.1% to an annualized 640,000 pace after a 633,000 rate in January. Sales rose in the West and South, the two largest regions by purchases. The number of homes sold in the Northeast plunged to the lowest since June.

Published 3 months ago · Lewiston, United States

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The Washington Post

U.S. new-home sales unexpectedly rise, showing some stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year.

3 months ago·Washington, United States

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Bloomberg

U.S. New-Home Sales Unexpectedly Rise, Showing Some Stabilisation

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilise after a tumultuous year.

3 months ago·United States

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Portland Press Herald

U.S. sales of new homes rise unexpectedly, showing stabilization

The latest data - which showed last month's pace was the strongest since August - suggest the housing market may finally be gaining its footing after last year's rapid rise in mortgage rates.

3 months ago·Portland, United States

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The Billings Gazette

New-home sales unexpectedly rise, showing some stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year.

3 months ago·Billings, United States

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Lincoln Journal Star

New-home sales unexpectedly rise, showing some stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year.

3 months ago·Cherokee County, United States

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Missoulian

New-home sales unexpectedly rise, showing some stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year.

3 months ago·Missoula, United States

Read Full Article