New home sales declined last month even though volume was only down in the West. But experts still see strength in the market.

The sale of new residential home came to 64,000 housing units during April, according to data jointly reported Wednesday by the Census Bureau and the Department of Housing and Urban Development.

From Jan. 1, 2018, through the end of last month, historical data indicate that new U.S. home sales amounted to 231,000 units.

Source: Mortgage Daily