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US home sales remain near fastest pace since 2023
Builders used price cuts and incentives in October as the median new-home price fell 8% year-over-year to $392,300 while sales surged 16.9% in the South, government data showed.
Summary by San Gabriel Valley Tribune
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US home sales remain near fastest pace since 2023
By Michael Sasso | Bloomberg Sales of new homes in the US were little changed in October but remain near the strongest pace since 2023 as builders lured anxious customers with price cuts and incentives. New single-family home sales eased 0.1% to an annual rate of 737,000 following a 3.8% September increase, according to government data released Tuesday. The report, which included the first estimate of September sales, was delayed by the record-l…
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Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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