NewsJun 24, 20260 views
New home sales fall in May as rate shock, inflation squeeze buyers
New home sales pulled back in May as elevated mortgage rates, sticky inflation and consumer uncertainty again tested the upper limit of what buyers can afford, the latest U.S. Census and HUD report shows. Sales of newly built single-family homes fell 7.3% from April to a seasonally adjusted annual r
New home sales pulled back in May as elevated mortgage rates, sticky inflation and consumer uncertainty again tested the upper limit of what buyers can afford, the latest U.S. Census and HUD report shows. Sales of newly built single-family homes fell 7.3% from April to a seasonally adjusted annual rate of 580,000 units, according to […]
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