US New Home Sales Decline 14% YoY In November While Median Prices Rise By 18.8% YoY

by confoundedinterest17

Inflation keeps clubbing Americans to death. This time in the form of New Home Sales prices.

November’s New Home Sales figures are out. New Home Sales declined 14% YoY while the median price of New Home Sales is up 18.8% YoY.

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The West saw a MoM increase in new home sales of 53%! While the Midwest saw a decline of -25.35%.

I can this the Baker Mayfield effect. The Los Angeles Chargers drafted superb QB Justin Herbert, the Cleveland Browns drafted QB Baker Mayfield. The West wins, the Midwest loses.

As a long-time Browns fan, I dread the upcoming Browns-Packers game.

 

 

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