New home sales rose to a seasonally adjusted annual rate of 682,000 in March, up 7.4% from February's 635,000 pace and 3.3% year over year. The report points to modestly firmer housing demand, though it is primarily a routine macro data release rather than a major market-moving event.
New home sales rose to a seasonally adjusted annual rate of 682,000 in March, up 7.4% from February's 635,000 pace and 3.3% year over year. The report points to modestly firmer housing demand, though it is primarily a routine macro data release rather than a major market-moving event.
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mildly positive
Sentiment Score
0.25
