US new-home sales rose unexpectedly in April to the highest level since February 2022, likely helped by builder incentives aimed at alleviating affordability challenges. Purchases of new single ...

Amid warnings of a grim second half of the year, US retail sales fell 0.9%. The worse-than-expected decline coincided with ...

After two years of historic lows in home sales, the U.S. housing market is expected to rebound in 2025, according to Lawrence ...

U.S. New Home Sales Jump in April—What Does It Mean for Housing ... This marks a notable 10.9% increase from March and places sales 3.3% above year-ago levels. For traders watching housing ...

Homes under construction constituted most of the inventory. At April's sales pace it would take 8.1 months to clear the supply of new houses on the market, down from 9.1 months in March.

Moreover, the greater sales activity failed to make much of a dent in the inventory of homes. "The jump in new-home sales looks like a statistical illusion, rather than a genuine pick-up in demand ...

Only 12% of Orange households could qualify to buy in 2025’s first quarter, according to calculations from the California Association of Realtors. Six years earlier, this affordability yardstick ...

The report said new home sales soared by 10.9 percent to an annual rate of 743,000 in April after jumping by 2.6 percent to a downwardly revised rate of 670,000 in March. Economists had expected ...

Nationwide, buyers are hesitating to make big financial commitments like buying a new home amid the economic ... not include Utah cities. The jump in failed sales could be an opportunity for ...

Some areas of Sydney and Melbourne with a high concentration of one property type have recorded the highest portion of ...

New home sales surged 10.9% to a seasonally adjusted annual rate of 743,000 units last month, the Commerce Department's Census Bureau said on Friday. The sales pace for March was revised down to a ...

New home sales ... US Census Bureau data released on Friday. The markets expected the figure to come in at 694,000 for the month. The figure rose 10.9% month-on-month in April compared to March's ...