Sales of newly built homes saw a bump in February and March as prices fell to a five-year low, in a sign of resilience for the spring housing market.Contract signings for newly built homes hit a seasonally adjusted annual pace of 635,000 in March, up 7.4% from the prior month, the U.S. Census Bureau and Department of Housing and Urban Development reported Tuesday.That was up 7.4% from the newly re…
New-Home Sales Surge in March as Prices Fall to a 5-Year Low
