Soft New-home Sales Weigh On Recovery

New-home sales are soft despite historically low interest rates and a healing labor market, weighing on the U.S. economic recovery.

Topics:  u.s    soft   weigh   recovery   new-home sales   
BING NEWS:
  • China's factory activity unexpectedly dips as property pain persists
    China's manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world's second-largest economy continues to weigh on business, ...
    05/30/2024 - 5:14 pm | View Link
  • New home sales fell in April as mortgage rates weighed down housing market
    New home sales fell in April as the housing market felt the effects of higher mortgage rates, which have recently inched even higher. New home sales fell 4.7% from March to an annual rate of 634,000, ...
    05/23/2024 - 4:02 am | View Link
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