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Friday, June 2, 2023
HomeNewsEconomyU.S. Single-Family Home Sales Jump 16.6% in April

U.S. Single-Family Home Sales Jump 16.6% in April

Home sales, home prices data and housing market reports. (Photo: REUTERS)
Home sales, home prices data and housing market reports. (Photo: REUTERS)

Home sales, home prices data and housing market reports. (Photo: Reuters)

The Commerce Department reported Tuesday sales of new single-family homes jumped 16.6% last month to an annualized rate of 619,000 units. The results easily topped the media forecast, as Wall Street was expecting 523,000 units.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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