U.S. New Home Sales Surge 13.5% in April While Existing Market Stalls

Home Sales Surge as Trump Economy Defies Recession Talk - American Faith

New home sales in April jumped at the fastest pace since early 2023, countering persistent recession predictions from critics of the Trump administration. According to the U.S. Census Bureau and the Department of Housing and Urban Development, sales rose 10.9% from March to a seasonally adjusted annual rate of 743,000 units—up 3.3% from April 2024. The Midwest led the surge with a 35.5% increase in sales, followed by an 11.7% gain in the South. …

U.S. New Home Sales Surge 13.5% in April While Existing Market Stalls

The U.S. Census Bureau and Department of Housing and Urban Development reported new home sales jumped 13.5% in April to 743,000 units annually. This surge exceeded all forecasts and marked the strongest performance since February 2022. The median price reached $407,200, showing builders maintained pricing power despite market challenges. New home inventory dropped slightly to […]

US new home sales reach 743,000 in April, exceeding expectations

New house sales rise 10.9% monthly and 3.3% yearly in April, according to US Census Bureau data - Anadolu Ajansı

Purchase Applications Surge Despite Market Headwinds - The MortgagePoint

Even with persistent economic and mortgage rate uncertainties on the minds of many American homebuyers, "April was a strong month for new home purchase activity," according to Joel Kan, MBA’s VP and Deputy Chief Economist, "with applications posting an annual gain for the second straight month."

Buyers shrug off economic uncertainty as new-home sales rise

New-home sales continue to be a bright spot in a housing market that’s struggling with high mortgage rates and other economic headwinds. According to a report from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new homes in April sold at seasonally adjusted annual rate of 743,000, which is a 10.9% rise over March and a 3.3% increase year over year. The number of available homes for sale jumped year over year by…

New-Home Sales See Surprise Increase in April

Sales of newly constructed single-family homes were up in April, per the latest findings from the U.S. Census Bureau and Department of Housing and Urban Development. New single-family homes sold at a seasonally adjusted rate of 743,000 in April, up 10.9% from the revised March figure of 670,000. This is also a 3.3% annual increase… The post New-Home Sales See Surprise Increase in April appeared first on RISMedia.