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Time Details
2025-03-01
16:35
US New Home Prices Spike, Sales Fall by 10.5% in January

According to The Kobeissi Letter, the median price of new homes sold in the US increased by $31,000 in January to $446,300, marking the second-highest level on record. This surge follows the previous record of $460,300 in October 2022. Consequently, new home sales experienced a decline of 10.5%. Source: The Kobeissi Letter.

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