The Afternoon News with Kitty O'Neal

The Afternoon News with Kitty O'Neal

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North State BIA Reports New Home Sales Up in the Sac Region

Sacramento-Area New Home Sales Surge as 2025 Gets Underway,

North State BIA Reports

 

New home sales in the Greater Sacramento region saw their typical January surge as buyers returned to new home communities after the holiday lull, says the North State Building Industry Association.

 

BIA members reported selling 598 homes during the month, a 50% increase from December, 3% more than January 2024 and 30% higher than the monthly average dating back to 1997.

 

Listen: Tim Murphy, the BIA's President and CEO, says the stronger-than-average sales figures bode well for robust sales during 2025 despite stubbornly high mortgage interest rates.


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