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New home sales plummet as affordability issues persist in U.S
May 26, 2026, 2:00 AM20
(Update: May 29, 2026, 4:58 PM)
business
impactful
informative
New home sales plummet as affordability issues persist in U.S
- New home sales in the U.S. fell to 622,000 in April 2026, the lowest in four years.
- Ongoing affordability issues and rising mortgage rates are discouraging potential home buyers.
- The downward trend in new home sales highlights the struggling housing market amid economic uncertainty.
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2026 All rights reserved
2026 All rights reserved