March Home Sales Increase

U.S. sales of new single-family homes in March were at a seasonally adjusted annual rate of 683,000, growing 9.6% from February but 3.4% lower than the comparable month in 2022.

The seasonally adjusted estimate of new homes for sale at the end of March was 432,000, representing a 7.6-month supply at the current sales rate. See U.S. Census Bureau

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