Positive Trend in US New Home Sales Despite Mortgage Rate Hike
Friday, 26 April 2024, 17:18
Impact of Rising Mortgage Rates on US New Home Sales
Despite a 7% increase in mortgage rates, the sales of new homes are showing an upward trend.
Opportunities in the Housing Market
Buyers are increasingly considering newly built homes due to a shortage of available properties.
Prices of newly built homes are also on the rise, indicating a strong demand in the market.
- This trend suggests that there are more opportunities ahead for both buyers and the housing market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.