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Sunday, November 24, 2024
HomeNewsEconomyNew Home Sales Fall in March More Than Anticipated

New Home Sales Fall in March More Than Anticipated

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New homes sales data reported by the Commerce Department. (Photo: REUTERS)

The Commerce Department reported Monday new single-family home sales fell 1.5% last month to an annualized rate of 511,000 units, missing forecasts of 520,000 units.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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