New home sales drop more than expected

US new home sales tumble; median house price highest since 2022
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers, the latest indication that housing market and overall economic activity slowed early in the first quarter.
New home sales drop more than expected in January as median price rises
M/M to 657K in January, vs. the 680K consensus and 734K prior (revised from 698K), according to data released by the U.S. Census Bureau on Wednesday.
U.S. New Home Sales Decline in January 2025 as Inventory Rises
U.S. new home sales fell 10.5% in January, with rising inventories hitting 9 months’ supply. Traders should brace for a bearish housing market outlook.
Home Sales Drop 4.9% in January in Disappointing Start to the New Year
In the Northeast, existing-home sales dropped 5.7% from December to 500,000 annualized, up 4.2% from January 2024. The median price in the Northeast was $475,400, up 9.5% from one year earlier. The post Home Sales Drop 4.9% in January in Disappointing Start to the New Year appeared first on Real Estate News & Insights | realtor.com®.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers.
GTA new home sales remain low in January – but with prices down and inventory up, buyers have a unique opportunity in the months ahead
Greater Toronto Area, February 21, 2025 – Greater Toronto Area (GTA) new home sales stayed low in January, but with prices low and inventory steady, these conditions create a unique buying opportunity,
US new home sales fall sharply in January
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers, the latest indication that housing market activity softened early in the first quarter.
California home sales drop 10% as prices dip. What’s next for real estate market?
The California housing market significantly cooled in January, with home sales and prices on the decline, according to the latest data from the California Association of Realtors. In January, sales of existing single-family homes dipped by 10% in January to 254,
New home sales slump in January amid elevated mortgage rates, severe weather
Housing activity for new residential construction started the year lower as high mortgages pushed buyers to the sidelines.
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Sinking new-home sales deliver another blow to builders
New-home sales in January posted a seasonally adjusted annual rate of 657,000, down 10.5% from the prior month and 1.1% lower ...
U.S. New-Home Sales Slump at Start of 2025
Sales of new homes sank in January, as high prices and mortgage rates continued to weigh on potential customers.
US New-Home Sales Drop to Three-Month Low on Rates, Storms
New-home sales in the US fell at the start of the year to a three-month low, reflecting a combination of affordability ...
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Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are ...
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Florida real estate: Fewer home sales, more new listings on Treasure Coast in January
The Treasure Coast real estate market in January saw a massive increase in new single-family home listings, according to local Realtor data.
January new homes sales come in softer-than-expected 657K vs. 671K estimated
CNBC’s Rick Santelli and Diana Olick join 'Squawk on the Street' to report on new home sales. Macron got no promises on Ukraine but called his meeting with Trump a 'turning point' Ivy League-trained ...