US new home sales jump in March; supply still rising
31 Articles
31 Articles
New Home Sales at 6-Month High
Sales of new single-family houses in March 2025 were at a seasonally adjusted annual rate of 724,000, a six-month high, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development on April 23. The sales number was higher than the latest estimate in September 2024. March numbers were higher by 20.5 percent on a monthly basis and 6 percent yearly. A little more than half a million houses we…
US new home sales jump in March; supply still rising
Sales of new U.S. single-family homes increased more than expected in March as buyers rushed to take advantage of a decline in mortgage rates, but a gloomy economic outlook poses a challenge to the housing market recovery.
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