Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives.
Source: Inman News
New residential sales drop nearly 14% in May, their sharpest in 3 years
Published in Agent, Analysis, average sales price, builder incentives, builder sales incentives, economic uncertainty, Heather Long, homebuyers, housing starts, hud, inman, inventory, Markets & Economy, median sales prices, mortgage rates, Navy Federal Credit Union, new home sales, new residential sales, new-home inventories, News Brief, Select, U.S. Census Bureau and U.S. Department of Housing and Urban Development
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