New home sales falter under 'challenging' spring market
New home sales falter under 'challenging' spring market
New residential sales declined 11.3% annually in April, as buyers wilted amid rising mortgage rates
by Marian McPherson May 28
New-home sales climb nearly 11%, but figures may be 'overestimated'
New-home sales climb nearly 11%, but figures may be 'overestimated'
New residential sales increased 10.9% from March to a seasonally adjusted rate of 743K units. That's also a 3.3% boost over the April 2024 pace of 719K units
by Richelle Hammiel May 23