Washington D.C. Real Estate News
Washington D.C.
U.S. New Home Sales Unexpectedly Surge 11 Percent in April
According to newly released data from the U.S. Census Bureau and the Department of Housing and Urban Development, sales of newly built, single-family homes jumped 10.9% in April to a seasonally adjusted annual rate of 743,000 units. The figure represents a 3.3% increase compared to April 2024.
U.S. Home Sales Continue Slump in April Despite Growing Inventory
According to new data released by the National Association of Realtors, existing-home sales dipped again in April 2025, reflecting ongoing challenges in the U.S. housing market despite growing inventory and continued buyer interest.
Spring Home Sales Sputter in U.S. as High Costs Weigh on Buyers
Sales of existing U.S. homes dropped to a seasonally adjusted annual rate of 4.2 million in April 2025, hitting their lowest level since October 2024, according to new data released by Redfin. The figure marks a 0.2% decline from March 2025, and a 1.1% drop year-over-year--breaking a seven-month streak of annual gains.
U.S. Homebuilder Confidence Drops Sharply in May, Hits 3 Year Low
Confidence among U.S. homebuilders took a significant hit in May 2025 as ongoing economic headwinds -- including high interest rates, trade policy uncertainty, and volatile material costs -- continue to dampen sentiment across the residential construction industry.
Washington D.C. Property News
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