- Prior month 0.674M
- New home sales rise by 7.4% on the month after a 3.1% gain last month
- This is the highest level since May 2023
- Median sale price -7.5% to $403,600 down from $436,400
- Northeast -22.2%
- Midwest +3.0%
- South +13.6%
- West -1.4%
- home supply 8.3 months at current pace versus February’s 8.9 months
This article was written by Greg Michalowski at www.forexlive.com.
