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US new home sales fell 0.6% in July, but existing home sales rose 2%, despite high mortgage rates.
US new home sales dropped 0.6% in July to a seasonally adjusted rate of 652,000 units, marking an 8.2% decline from July last year.
Despite this, existing home sales rose 2%, with prices up 0.2% to $422,400.
High mortgage rates and wage growth disparity continue to pressure the housing market, though recent declines in mortgage rates offer some relief.
The housing supply has increased, giving buyers more options, though price adjustments vary by region.
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Las ventas de viviendas nuevas en Estados Unidos cayeron un 0,6% en julio, pero las ventas de viviendas existentes aumentaron un 2%, a pesar de las elevadas tasas hipotecarias.