Tom Ellsworth
@bizdocpodcast·63.4K subscribers·1.6K videos
U.S. New Home Sales Plummet Amid High Mortgage Rates
Posted
November 28, 2024
Views
4,576
Likes
169
Comments
16
Engagement
4.04%
November 28, 2024
4,576
169
16
4.04%
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1:44Now PlayingU.S. new home sales plummeted in October, hitting a two-year low as soaring mortgage rates and hurricane disruptions in the South took a toll on the housing market. With affordability at historic lows and inventory at its highest since 2008, concerns grow over the stability of the real estate sector.
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