Pending Home Sales Jump

Pending home sales jumped 6.1% in March–the greatest month-to-month increase since late 2023–the National Association of Realtors reported.

March Housing Starts Fall From February

Privately-owned housing starts for March were at a seasonally adjusted annual rate of 1,324,000, the Census Bureau reported. That’s 11.4% below February’s revised estimate of 1,494,000.