
U.S. Pending Home Sales Experience Rebound Following January's Weather Woes
In a positive turn for the U.S. housing market, pending home sales have seen a notable increase in February 2025, signaling a rebound from the tumultuous weather conditions that plagued January. The National Association of Realtors (NAR) revealed that contract signings rose by 3.5% from the previous month, providing a much-needed boost to the real estate sector.
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Surprising Surge: U.S. Housing Starts Rise More Than Expected Following Severe Weather
In an unexpected turn of events, the U.S. housing market has shown resilience, reporting a notable increase in housing starts that surpasses analysts' forecasts. According to the latest data, the construction of new homes rebounded significantly after weather-related disruptions that affected various regions of the country. This surge is being interpreted as a strong signal of recovery within the housing sector, which has faced numerous challenges in recent months.
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US Homebuilder Sentiment Plummets to Seven-Month Low as Costs Surge
The latest survey from the National Association of Home Builders (NAHB) has indicated a concerning drop in sentiment among U.S. homebuilders, hitting its lowest point in seven months. This decline is primarily attributed to the escalating construction costs that are weighing heavily on the industry.
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US New Home Sales Plunge to Lowest Point in Nearly Two Years Amid Severe Weather Conditions
In a surprising turn of events, new home sales in the United States have dropped to their lowest levels in almost two years, primarily attributed to the impact of severe storms hitting various regions of the country. This significant decline has raised concerns among economists and stakeholders in the housing market, indicating potential challenges ahead for builders and the broader economy.
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