US New Home Sales for February Report Lower Than Expected Numbers

Monday, 25 March 2024, 14:00

US new home sales data for February came in at 662K, missing the expected 675K mark. This is a slight increase from the previous month but still below market expectations. Supply remains high at months compared to the previous 8.3 months, and the median sale price stands at $K, down from $420.7K in the previous month.
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US New Home Sales for February Report Lower Than Expected Numbers

US New Home Sales Data Overview

US new home sales for February were below market expectations at 662K, indicating a slight improvement from the previous month.

Key Highlights:

  • Sales: 662K vs expected 675K
  • Sales Change: % increase compared to the previous month
  • Supply: months vs 8.3 months previously
  • Median Sale Price: $K vs $420.7K in the previous month

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.


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