New single-family home sales in the United States grew by 7.4% in March compared to February, amounting to 724,000, according to a report by the Census Bureau on Wednesday. Sales of new houses improved by 6% from March 2024.
At the end of March, there were 503,000 new houses for sale, up by 0.6% from February and 7.9% more than a year ago, representing a supply of 8.3 months at the current sales rate. The median sale price was $403,600, 1.9% lower than in February and 7.5% less than in March 2025.
