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U.S. sales of new homes rise unexpectedly, showing stabilization

Por: Portland Press Herald World March 23, 2023

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Homes in Rocklin, California on Tuesday. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. Bloomberg photo by David Paul Morris Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year. Purchases of new single-family homes increased 1.1% to an... + full article



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