<div id="readability-page-1" class="page"><div>After collapsing in January (-17.6% MoM - worst since July 2013), US New Home Sales have risen strongly for two straight months - up 8.9% MoM in February and up 7.4% MoM in March...<img width="500" height="328" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm19FE.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm19FE.jpg"/>Source: BloombergThis lifted new home sales by 3.3% YoY, but the total SAAR remains below Dec 2025 levels...<img width="500" height="326" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm9DB1.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm9DB1.jpg"/>Source: BloombergNew home sales have really gone nowhere in three years.Median new home prices plunged in March from $407k to $387.4k - its lowest since July 2021.<img width="500" height="324" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/image_79.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/image_79.png"/>That is the biggest gap between median and average prices on record...<img width="500" height="289" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/image%20%281%29_33.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/image%20%281%29_33.png"/>Implying a growing number of homes being sold below the average price as the supply of new homes also plunged.Mortgage rates are higher in the last month but had fallen notably during the reporting period for today's data...<img width="500" height="327" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm2F2C_0.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm2F2C_0.jpg"/>By region, sales in the South, the nation’s biggest home-selling region, increased 11.1%, while purchases in the Northeast rebounded sharply.March contract signings fell in the Midwest and West.Homebuilders, who have been using a combination of incentives and price cuts, saw a pickup in prospective-buyer traffic in March after severe winter weather limited buyer demand early this year.So it appears the market is doing Trump's job for him (despite rising rates) as price-drops improve affordability (which is shaping up to be a key issue in the midterm elections in November.</div></div>

512200

516750

SRVR

US new home sales have increased for the second consecutive month, rising 7.4% in March following an 8.9% increase in February. Despite this growth, sales remain below December 2025 levels, with a year-over-year increase of 3.3%. The median new home price dropped significantly from $407k to $387.4k, the lowest since July 2021. Sales surged in the South by 11.1%, while the Northeast also saw a rebound. Homebuilders are attracting buyers through incentives and price cuts, improving affordability amid rising mortgage rates.

US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March