New Home Sales Plunge 22.5% In April, 16.6% From Deep Negative Revisions

by Mish Shedlock, Mish Talk: New home sales have peaked this cycle and the bottom is nowhere in sight. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2022. New Residential Construction Details  New Home Sales Sales of new single‐family houses in […]

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