USA: new home sales up 8.8% in March
Sales rose last month by 8.8% to 693,000 units on a seasonally adjusted annualized basis, after 637,000 units the previous month.000 units the previous month.
On an annualized basis, i.e. compared with March 2023, sales were up 8.3%.
In detail, sales rose in the Northeast (+27.8%) and West (+8.6%).
The median price over one year was $430,700, up from $406,500 in February.
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