Las New housing sales in the United States They shot last month thanks to a pleasant descent from the Mortgage types Already the sale incentives In progress to start the crucial Spring Sales season.
The purchases of New single -family homes They increased a 7.4% in Marchup to one 724,000 annualized ratepromoted above all by a rebound in the southern countryaccording to Government data published on Wednesday, April 23. This figure exceeded all estimates of a survey performed by Bloomberg Between economists.
Las sales in the south They increased to faster pace in almost four years, after a minor increase in the previous month after a start of the year affected by bad weather. They also uploaded Sales in the west mediumwhile they fell into the West and the Northeast.
He average sale pricemeanwhile, a 7,5%until 403,600 dollarswhich reflects above all a greater sales activity at lower prices. This could also reflect the fact that Builders They are also sitting in a growing Inventory battery without selling.
The new housing offer for sale in any construction phase in March it rose to 503.000still the highest since 2007. The number of Finished housing waiting for purchase It also increased, remaining at 2009 levels.
Despite the best results in March, when Mortgage types came downlas Housing Perspectives They are more gloomy, since HOUSING FINANCING TYPES They have rebounded until 6,9 % Because Tariff policies of President Donald Trump have caused a withdrawal of American assets.
-This is raising the Loan costs and depressing the consumer trust and the Builderswho have been facing for years Asequibility problems After the pandemia.
Los Builders They have resorted to generous sales incentives To boost the demandbut it is not clear how much time they can continue doing it as Trump tariffs increase the cost of materials. And Housing Construction Industry Group projects that the cost will increase for Contractors In almost $ 11,000 per house.
Therefore, some of the Major builders in the country They have pointed out that will slow down their construction rhythm. Earlier this month, the CEO of the housing construction giant Dr Horton Inc. He cited a “slower than expected” beginning of the Spring Housing Sale seasonand said the net sales orders of the company They fell 15% in its newly finished quarter.
Las new housing sales They are considered a more timely measure than Second -hand housing purchasesthat are calculated when The contracts close. However, the Data are volatile. According to him Government Reportthe variation of new housing sales ranged from a 13.1% decrease and a 27.9% increase.
The National Association of Real Estate Agents March will publish the data of March on the existing housing sales.
(c) 2024, Bloomberg
