US New Home Sales Jump to More Than 3-1/2-Year High; Economists Dismiss Rise as a Fluke

September 25, 2025

Reuters, Sept. 24, 2025-Lucia Mutikani

Sales of new U.S. single-family homes surged to the highest level in more than 3-1/2 years in August, but that likely exaggerates the housing market’s health, and a weakening labor market could limit the boost from falling mortgage rates.

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