1237 ET - New home sales jumped in March despite still-high mortgage rates and the beginning of a decline in consumer confidence stemming from tariff fallout that is slowing the existing home market, says Realtor.com senior economist Joel Berner in a post on Realtor.com's website. 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. Berner says the March jump is "a bit surprising, given the doom and gloom statistics currently surrounding most of the housing market," saying new home sales in recent months were driven by less expensive homes. The median sales price fell to $403,600 from $411,500 in February and $436,400 last March. The shares of homes sold for under $300,000 and from $300,000 to $399,999 both increased this month, according to Realtor.com. (chris.wack@wsj.com)
(END) Dow Jones Newswires
April 23, 2025 12:37 ET (16:37 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。