Under President Trump’s leadership, the U.S. economy is firing on all cylinders, with new single-family home sales skyrocketing in March, shattering economist predictions and proving the naysayers wrong. The Trump administration’s pro-growth policies have unleashed a wave of optimism and opportunity, driving this housing boom.
New home sales soared 7.4 percent to an annualized rate of 724,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. This obliterated the so-called “expert” consensus of 682,000 and even surpassed the rosiest forecasts, which topped out at 700,000. February’s numbers were also revised upward, showing the strength of Trump’s economic agenda.
Despite the gloom and doom from critics, the South led the charge in this housing surge, shrugging off concerns about mortgage rates and consumer sentiment. This resilience is a testament to Trump’s America First policies, which continue to fuel robust job growth, strong consumer spending, and now, a red-hot housing market.
Even better, the median sales price of new homes dropped to $403,600, a 7.5 percent decrease from last year, making homeownership more attainable for hardworking American families.
This aligns perfectly with President Trump’s focus on affordability, especially for young, first-time buyers who are the backbone of the American Dream. The average sales price was $497,700, with inventory rising to 503,000 homes—the highest since 2007—offering 8.3 months of supply.
This housing boom defies the pessimists who claimed higher interest rates would stall the market. Instead, demand is surging as we head into the spring selling season, powered by the economic momentum of Trump’s policies.
This report joins a string of blockbuster economic data—booming jobs, soaring durable goods orders, and unstoppable consumer spending—proving that America’s economy is stronger than ever under President Trump’s leadership. The real economy is thriving, leaving the doubters and their cautious forecasts in the dust.
