New single-family home sales soar in Western United States

new homes salesReuters

Sales of new single-family homes in the United States rebounded in February, but the increase was concentrated in one region, which could suggest a loss of momentum in the housing market as the busy spring selling season kicks off.

The Commerce Department said on Wednesday that new-home sales rose 2 percent to a seasonally adjusted annual rate of 512,000 units. January’s sales pace was revised up to 502,000 units, from 494,000.

Continued:

 

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories