The sales of newly built single -family homes increased in April, pointing out the continuous duration of the buyer’s commitment the season of purchase of spring housing, the latest data from the US Census Office suggest. The new residential sales increased 10.9 percent from March to a seasonally adjusted rate or 743,000 units. That is also an impulse of 3.3 percent during April 2024 or 719,000 units.
In April 2025, U.S. new home sales surged by 10.9% to a seasonally adjusted annual rate of 743,000 units—the highest level since February 2022. This unexpected increase defied economists’ predictions of a 4% decline, indicating that builders’ strategies like price cuts and incentives are effectively attracting buyers despite high mortgage rates and economic uncertainties .
The median sales price for new homes rose slightly to $407,200 from $403,700 in March, though it remains 2% below the previous year’s figure. Builders have been offering significant incentives, with approximately 34% reducing home prices in May—the highest percentage since December 2023—with an average reduction of 5% .
However, experts caution that these figures might be overestimated. The reported sales data do not account for cancellations of sales contracts, which have been on the rise due to affordability challenges and economic uncertainty. This trend suggests that the actual number of finalized sales may be lower than reported .
Regionally, sales increased across most areas except the Northeast, with the Midwest experiencing a notable 35.5% rise. Despite the strong performance, economists warn that sustained growth may be challenging without a drop in mortgage rates, especially given recent declines in housing starts, which could indicate future supply constraints .
In the financial markets, major homebuilder stocks showed mixed results:
Stock market information for Lennar Corp. (LEN)
- Lennar Corp. is a equity in the USA market.
- The price is 105.18 USD currently with a change of -0.11 USD (-0.00%) from the previous close.
- The latest open price was 104.16 USD and the intraday volume is 2072698.
- The intraday high is 106.54 USD and the intraday low is 103.0 USD.
- The latest trade time is Saturday, May 24, 05:19:00 +0500.
Stock market information for D.R. Horton Inc. (DHI)
- D.R. Horton Inc. is a equity in the USA market.
- The price is 118.65 USD currently with a change of -0.24 USD (-0.00%) from the previous close.
- The latest open price was 117.97 USD and the intraday volume is 2448447.
- The intraday high is 119.17 USD and the intraday low is 116.6 USD.
- The latest trade time is Saturday, May 24, 05:19:00 +0500.
Stock market information for PulteGroup Inc (PHM)
- PulteGroup Inc is a equity in the USA market.
- The price is 98.21 USD currently with a change of -0.35 USD (-0.00%) from the previous close.
- The latest open price was 97.36 USD and the intraday volume is 1389747.
- The intraday high is 99.27 USD and the intraday low is 96.0 USD.
- The latest trade time is Saturday, May 24, 05:19:00 +0500.
Stock market information for Toll Brothers Inc. (TOL)
- Toll Brothers Inc. is a equity in the USA market.
- The price is 104.26 USD currently with a change of 0.07 USD (0.00%) from the previous close.
- The latest open price was 102.72 USD and the intraday volume is 1718245.
- The intraday high is 104.99 USD and the intraday low is 101.38 USD.
- The latest trade time is Saturday, May 24, 05:19:00 +0500.
Stock market information for KB Home (KBH)
- KB Home is a equity in the USA market.
- The price is 51.24 USD currently with a change of -0.01 USD (-0.00%) from the previous close.
- The latest open price was 50.67 USD and the intraday volume is 1445505.
- The intraday high is 51.505 USD and the intraday low is 50.0 USD.
- The latest trade time is Saturday, May 24, 05:19:00 +0500.
These stock movements reflect investor caution amid the complex dynamics of the housing market, where positive sales figures are tempered by underlying concerns about affordability and economic stability.