NEW YORK, May 23 (Xinhua) -- U.S. new-home sales rose unexpectedly in April to the highest level since February 2022, likely helped by builder incentives aimed at alleviating affordability challenges.
Purchases of new single-family homes increased nearly 11 percent last month to a 743,000 annual rate, boosted in particular by the South and Midwest, according to government data released on Friday.
