March's 7.4% MoM spike was revised down bigly to just +3.4%, all of which left new home sales down 

Overall, new home sales have really gone nowhere for four years...

It seems lower mortgage rates did nothing to help new home sales...

Finally, while existing home prices are lower, median new home price rose 2.2% y/y to $422,500; average selling price at $508,800.

This was the biggest MoM jump in median new home prices since 2019...