Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag US new home sales fell 0.6% in July, but existing home sales rose 2%, despite high mortgage rates.

flag 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. flag Despite this, existing home sales rose 2%, with prices up 0.2% to $422,400. flag High mortgage rates and wage growth disparity continue to pressure the housing market, though recent declines in mortgage rates offer some relief. flag The housing supply has increased, giving buyers more options, though price adjustments vary by region.

34 Articles