New Home Sales Plunge in June on Rising Affordability Woes

New Home Sales Plunge in June on Rising Affordability Woes

New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs.

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NAHB

https://www.nahb.org/news-and-economics/press-releases/2022/07/new-home-sales-plunge-in-june-on-rising-affordability-woes