US New Home Sales Fall In June As Homebuyer Confidence Crashes To Record Low (Biden/HarrisNomics or Cacklenomics)
by confoundedinterest17 From Zero Hedge. After a disappointing dump in existing home sales in June, new home sales just confirmed the slowdown, dropping 0.6% MoM (notably below the 3.4% MoM expected) and also saw a major downward revision in May from -11.3% MoM to -14.9% MoM. That leaves new home sales down 7.4% YoY… Source: Bloomberg … Read more