March U.S. Home Sales Up

U.S. sales of new single-family homes in March were at a seasonally adjusted annual rate of 693,000, increasing 8.8% from February and 8.3% higher than the comparable month in 2023.

The seasonally adjusted estimate of new homes for sale through March was 477,000, indicating an 8.3-month supply at the current sales rate. See U.S. Census Bureau

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