U.S. Housing Market Crisis: Inventory Rises, Sales Decline
U.S. housing inventory hits highest levels since 2008 with 481,000 units while new home sales drop 16.5% year-over-year amid rising mortgage rates reaching 7.06%....
Tag : home sales
New Home Sales Drop 8% as Buyers Leave High-Priced Markets
New home sales fell 8.1% in June 2022 as buyers flee expensive markets like LA and San Francisco. Remote work enables relocation to affordable areas....