New Home Sales Retreat 4.7% in April 2024

The April release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 634,000 units, lower than the 677,000 forecast. New home sales are down 4.7% month-over-month from a revised rate of 665,000 in March and are down 7.7% from one year ago. For a longer-term perspective, here [...] The post New Home Sales Retreat 4.7% in April 2024 appeared first on ETF Trends .