In March 2025, new sales with single -family houses were seasonal rate of 724,000. According to the recent findings of the US Census Bureau and the Department of Housing and Urban Development (HUD), sales increased by 7.4% monthly and 6% compared to the previous year.
Since the beginning of 2025, new sales for single -family houses from increases to a decline in increases have emerged. From December 2024 has shown the highest sales numbers since 2021 with the highest new home numbersJanuary 2025s new sales turnover were reported With a drop of 10.5%. Then, The turnover with New Home rose again in February 2025A trend that lasted in March.
The chief economist of the National Association of Realtors® (NAR), Lawrence Yun, said in a press release that “the focus of the HomeBuilders also attracts buyers on smaller houses.” With the fights of the existing home market, he contrasted positive signs of new states with new states.
While the mortgage interest sinks, They remain “stubborn” and “increases” With around 6%, Yun noticed what the current homeowners who pay themselves from the move to lower tariffs without restriction. When the inventory increases over time, “life -changing events) force some homeowners to give up their locked up low mortgage interests,” said Yun.
Selma Hepp, chief economist from Cotality (formerly Corelogic), was more careful in her explanation of the sales data in New Home.
“While sales with homes have a seasonal increase, they are weaker than expected and still under 2024 levels, although a new one for sales sales has been reached at the highest level since 2009,” said Hepp. “Many markets with growing new inventory also have a significant increase in existing inventory and weakening demand.”
Hepp said that these conditions will challenge the pricing of the house builders and create a need for further incentives. Hepp added that the house builders next to the mortgage interests (which they stated Customs and increasing labor costs.
The inventory also showed improvements. The report estimated that from March 2025, 503,000 new houses are for sale. This is 0.6% higher than in February 2025 and also 7.9% higher than in March 2024. Between the current inventory and sales, the offer is estimated to be 8.3 months. This is somewhat lower than the estimated offer for February (8.9 months), but higher than the estimate for March 2024 (8.2 months).
When sales with new home sales increased, the average prices went back. In March 2025, the average sales prices for new houses with $ 403,600, 1.9% lower than in February ($ 411,500) and 7.5% on March 2024 ($ 436,000).
The chief economist of the National Association of Home Builders (Nahb), Robert Dietz, added in another press release that also helpful mortgage interests help promote sales. “In February, the average 30-year-old mortgage was 6.84%, while in March it went back to 6.65%,” said Dietz.
Buddy Hughes, Chairman of the Nahb, said in the association's press release that “an increase in economic certainty would be a great increase in future terms and conditions”.
Regional collapse
The majority of the new single -family houses privately owned in March 2025 was in the south. Of the total of 724,000, 483,000 of these houses were found in the south. The west was the next highest, and 144,000 houses were sold there in March 2025.
In the middle west and northeast, 69,000 or 28,000 sales sold in the house in March 2025.
In a press release, Realor.com®-chef economist Joel Berner pointed out the regional differences (whereby the northeast recorded 22.2% and 33.3% by 22.2% compared to the previous year).
Click for the full sales report for new home Here.