Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) suggests. New residential sales increased 10.9 percent from March to a seasonally adjusted rate of 743,000 units. That’s also a 3.3 percent boost over the April 2024 pace of 719,000 units.
Source: Inman News
New-home sales climb nearly 11%, but figures may be ‘overestimated’
Published in April new residential sales, builder sentiment, Department of Housing and Urban Development (HUD), economic uncertainty, first american, homebuilder, homebuilder sentiment, homebuying, homebuying season, homeselling, inman, Markets & Economy, new home prices, new home sales, new residential sales, News Brief, Odeta Kushi, price incentives, Sales Cancellations, san diego, Select, U.S. Census Bureau and U.S. Census Bureau and Housing and Urban Development
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