New-Home Sales Continue To Slide In April
Rising mortgage rates & home prices reducing affordability, even as supply grows.
Rising mortgage rates & home prices reducing affordability, even as supply grows.
Can home sales stay this strong?
Sales of new single-family homes fell in every region in March from a month earlier.
Large share of both groups plan to sell their homes in the next 12 months
Buyers were rushing to close sales before mortgage rates increased.