New home sales jump in April to highest level in three years

Dow Jones

May 23

MW New home sales jump in April to highest level in three years

By Greg Robb

U.S. new home sales rose 10.9% to a seasonally-adjusted annual rate of 743,000 in April from a revised 670,000 in the prior month, the government reported Friday. This is the highest level of sales since February 2022.

Economists polled by the Wall Street Journal had expected a decline in new holes sales as mortgage rates picked up in April.

The data are often revised sharply.

-Greg Robb

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 23, 2025 10:16 ET (14:16 GMT)

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This is the highest level of sales since February 2022. \n</p>\n<p>\n     Economists polled by the Wall Street Journal had expected a decline in new holes sales as mortgage rates picked up in April. \n</p>\n<p>\n     The data are often revised sharply. \n</p>\n<p>\n     -Greg Robb \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 23, 2025 10:16 ET (14:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NWHM","symbol_name":"New Home Company Inc. 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This is the highest level of sales since February 2022. \n\n\n     Economists polled by the Wall Street Journal had expected a decline in new holes sales as mortgage rates picked up in April. \n\n\n     The data are often revised sharply. \n\n\n     -Greg Robb \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 23, 2025 10:16 ET (14:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}