US New Home Sales Surge to Highest Level Since May 2023

According to the latest data, new home sales in the United States have significantly increased, reaching the highest level since May of last year. This trend confirms a growing demand for residential properties, despite high mortgage interest rates and market instability. In July 2024, new home sales rose by 12.4% compared to the previous month, totaling 750,000 units, marking the highest figure since spring 2023.

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