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U.S. new home sales dropped to a three-and-a-half-year low in January due to high mortgage rates and prices.
New home sales in the United States fell to a near three-and-a-half-year low in January, marking the slowest pace since early 2022.
The decline follows a period of rising mortgage rates and elevated home prices, which have made housing less affordable.
Economists attribute the drop to tighter financial conditions and reduced buyer demand, signaling potential challenges for the housing market in the near term.
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Las ventas de casas nuevas en Estados Unidos cayeron a un mínimo de tres años y medio en enero debido a las altas tasas y precios de las hipotecas.