New Homes Sales Cratered in April Amid Rising Rates and High Prices
www.breitbart.com
Sales of new single-family homes in the U.S. plunged in April, the fourth consecutive monthly decline, falling to the lowest level since April of 2020.
New home sales decreased 16.6 percent in April compared with the previous month to a seasonally adjusted annual rate of 591,000, the Commerce Department said Tuesday. That is just barely above the 582,000 level hit during the initial lockdown phase of the pandemic when the economy was brought to a near halt.
ME: How much more bad news can we bear? It is beyond unbelievable. And all the leftist forum members want to talk about is fantasy coups that never happened a some Qanon. American is being destroyed while they are lost in a dream
New Homes Sales Cratered in April Amid Rising Rates and High Prices
A sharp slowdown in home sales can be a tell-tale sign that an economic slump is lurking ahead. | Economy
Sales of new single-family homes in the U.S. plunged in April, the fourth consecutive monthly decline, falling to the lowest level since April of 2020.
New home sales decreased 16.6 percent in April compared with the previous month to a seasonally adjusted annual rate of 591,000, the Commerce Department said Tuesday. That is just barely above the 582,000 level hit during the initial lockdown phase of the pandemic when the economy was brought to a near halt.
ME: How much more bad news can we bear? It is beyond unbelievable. And all the leftist forum members want to talk about is fantasy coups that never happened a some Qanon. American is being destroyed while they are lost in a dream
