“Sales of new U.S. homes plummeted in April by the most in nearly nine years, dented by the combination of high prices and a steep climb in mortgage rates. Purchases of new single-family homes decreased 16.6% to an annualized 591,000 pace, the weakest since April 2020, government data showed Tuesday. The figure fell well short […]
![U.S. new-home sales have plunged to their lowest level since the start of the pandemic 1 image 57](https://migxm.com/wp-content/uploads/2022/06/image-57.png)