April Home Sales Increase

U.S. sales of new single-family homes in April were at a seasonally adjusted annual rate of 683,000, growing 4.1% from March and 11.8% higher than the comparable month in 2022.

The seasonally adjusted estimate of new homes for sale at the end of April was 433,000, representing a 7.6-month supply at the current sales rate. See U.S. Census Bureau

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