New home sales surge

New home sales rose by almost 27 percent in March, the second consecutive month of growth and the biggest one-month jump in 47 years.

The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) made the announcement recently, releasing figures showing a seasonally adjusted annual rate of 411,000.

We’ve said before that you can’t try to “time the market” when it comes to housing. This news, though, must be seen as a positive sign for the economy. And if you’re considering a Branch Partner Opportunity, this could be an encouragement. We hope to talk with you soon.

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