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US new home sales jump in March; supply still rising

Summary by Reuters
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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Spectrum Local NewsSpectrum Local News
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Sales of newly built homes increased in March, Census Bureau says

Sales of newly constructed homes increased 7.4% compared with February.

·United States
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channelchek.com broke the news in on Wednesday, April 23, 2025.
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