US March new home sales 1021K vs 885K expected
US March 2021 new home sales data
- Prior was 775K
- Sales +20.7% m/m
- Median price $330,800 vs $328,200 a year earlier
- Average sale price $397,800
- New home supply 3.6 months at this pace vs 4.4m prior
This number represented a big jump after winter weather slow home shopping in February. The largest jumps were in the south (+40.2%) and midwest (+30.7%), which dovetails with the areas hit by winter storms.