SMU Community Chat
March 23, 2023
New Home Sales Tick Up in February: NAHB
Written by David Schollaert
New, single‐family home sales were up marginally in February, according to a joint report from the US Department of Housing and Urban Development and the US Census Bureau.
Monthly gains were impacted by high mortgage rates and prices, while rising construction costs were also to blame. Despite dull results, signs point towards improvement later in the year, the report said.


