Skip to main content

U.S. News & World Report: New Home Sales Tumble in July, Down 29% From a Year Ago as Housing ‘Recession’ Deepens

August 23, 2022

Sales of new homes fell 12.6% in July, following a drop in May, as the housing sector continues to soften from the twin shocks of rising mortgage rates and higher prices, the Census Bureau reported on Tuesday.

https://www.msn.com/en-us/money/markets/new-home-sales-tumble-in-july-down-29-25-from-a-year-ago-as-housing-e2-80-98recession-e2-80-99-deepens/ar-AA1102WI?fromMaestro=true

Speak to One of Our Real Estate Advisors Today

We take a strategic, data-driven approach to solving your real estate problems.

Contact Us

Sign Up For Our Newsletter