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New-Home Sales Climb, but Economists See Devil in the Details

USA Real Estate News-RISMedia - Wed, 2025-04-23 12:21

During March 2025, new single-family home sales were at a seasonally adjusted annual rate of 724,000. Per the latest findings from the U.S. Census Bureau and Department of Housing and Urban Development (HUD), sales were up 7.4% month-over-month and 6% year-over-year. Since the beginning of 2025, new single-family home sales have see-sawed from increases to…

The post New-Home Sales Climb, but Economists See Devil in the Details appeared first on RISMedia.

New-home sales beat expectations in March — by a long shot

USA Real Estate News-Inman - Wed, 2025-04-23 09:56
The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows.
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