In the latest industry news, new home sales surged by 8.8% in March, with the median sales price hitting $430,700. This increase in sales reflects a positive trend in the housing market, signaling robust demand for new homes.

Key points:
– Median sales price of new houses sold in March reached $430,700
– New home sales jumped by 8.8% in March
– Positive trend in the housing market with robust demand for new homes
– Full article available at Weekly Real Estate News website

Stay tuned for more updates on the dynamic and ever-changing mortgage industry landscape.

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