September 2025

New-home sales unexpectedly jump over 20% in broad advance

New-home sales in the U.S. unexpectedly surged in August to the fastest pace since early 2022, likely lifted by builders’ rampant price cuts and sales incentives to motivate buyers in a jittery economy. Sales of new single-family homes increased 20.5% to a 800,000 annualized rate in a broad advance, according to a government report issued

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