Buyers rushed into the market for new homes in April, pushing sales to highest level in three years

1 month ago 2

MarketWatch Logo

Buyers rushed into the market for new homes in April, pushing sales to highest level in three years

Private Companies

No results found

Economic Report

Higher incentives and lower prices boosted sales

Last Updated: May 23, 2025 at 10:48 a.m. ET
First Published: May 23, 2025 at 10:11 a.m. ET

The numbers: 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-home sales as mortgage rates picked up in April.

About the Author

Greg Robb

Greg Robb is a senior reporter for MarketWatch in Washington. Follow him on Twitter @grobb2000.

Intraday Data provided by

FACTSET

and subject to

terms of use.

Historical and current end-of-day data provided by

FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

Read Entire Article