WASHINGTON — A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even ... annual rate from a revised January number, according to newly released ...

The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the ... of 724,000 units--up ...

“Housing demand is surprisingly stable given the macro headwinds, and unless rates spike again we expect 2025 to finish with more new home sales ... The rise in sales was driven by a strong ...

That’s because last week’s existing-home ... the rise in for-sale supply. Existing-home sales in March actually declined by 2.4% year over year. It’s a different story with new-home sales ...

For a closer look, the next chart shows new home sales since 1990. Over this time frame, we see the steady rise in new home sales following the early-90s recession and the acceleration in sales ...

Turns out, sales were pretty strong last month, up 7.9% year over year. The median price for that new home smell was about ... are seeing other costs start to rise. Justin Wood builds mostly ...

However, the median price of a home sold did rise 2.7% from a year ago to $403,700 ... from the Census Bureau on Wednesday that said new home sales rose 7.4% in March and are up 6% from a year ...

New Orleans metro home prices averaged ... predicting that existing home sales will increase by 6% in 2025 and 11% in 2026, and home prices may continue to rise at a moderate pace. Within the report, ...

Higher mortgage rates and concern over the broader economy are making for a weak start to the all-important spring housing market. Sales of previously owned homes in March fell 5.9% from February ...

Home sales and prices rose in March from February and from a year ago in Delaware, while nationwide sales fell. In Delaware, sales of existing homes, not new construction, hit 1,008 in March ...

The new home median was down after climbing above $505,000 in January, but still up by almost $20,000 from March 2024. To avoid future tariff costs, Ken Peterson, vice president of sales and ...

Sales of new single-family homes rose 7.4% to 724,000 from 674,000 in February. --Sales had been expected to rise to 685,000, according to economists polled by The Wall Street Journal.