February New Home Sales in the US Fall Short of Expectations

Monday, 25 March 2024, 14:00

The latest report on new home sales in the US for February revealed a figure of 662,000 units, slightly below the market expectation of 675,000 units. This represents a marginal increase from the previous month but falls short of the anticipated growth. The median sale price also experienced a modest rise to $K compared to the previous month.
https://store.livarava.com/8b2a84e5-eab0-11ee-aea8-63fd8ea994ba.jpg
February New Home Sales in the US Fall Short of Expectations

US New Home Sales Report

This article provides insights into the recent new home sales report for February in the US, highlighting key figures and trends in the housing market. The data shows a slight increase in sales volume from the previous month, but the numbers fell short of expectations.

Key Points:

  • Sales Volume: 662K units versus an expected 675K units.
  • Sales Growth: Marginal increase compared to the previous month.
  • Median Sale Price: Rose to $K from $420.7K.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe