New-home gross sales climb almost 11%, however figures could also be ‘overestimated’

Gross sales of newly constructed single-family houses rose in April, pointing to continued purchaser engagement in the course of the spring homebuying season, the newest information from the U.S. Census Bureau and Division of Housing and City Growth (HUD) suggests. New residential gross sales elevated 10.9 % from March to a seasonally adjusted fee of 743,000 items. That is additionally a 3.3 % increase over the April 2024 tempo of 719,000 items.

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