New Home Sales Drop Again in Big Skid Towards Pre-Covid Levels
by Mish Shedlock, The Street: Higher mortgage rates and extended prices are taking a toll on new home sales. New Residential Sales The New Residential Construction report shows another decline in new home sales. Sales of new single‐family houses in May 2021 were at a seasonally adjusted annual rate of 769,000, according to estimates released jointly today […]
Source: https://www.sgtreport.com/2021/06/new-home-sales-drop-again-in-big-skid-towards-pre-covid-levels/
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