US New Home Sales Tumbled In April As Prices Soared
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Source: Zero Hedge
Published: 2026-05-29 00:07 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Property & Housing, Business & Economy
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Snippet:
With Case-Shiller reporting existing home price declines in half of America's largest cities, and after two straight months of rip-roaring demand, NAR reports that New Home Sales in April tumbled 6.2% MoM (almost twice as bad as the 3.2% MoM decline expected). March's 7.4% MoM spike was revised down bigly to just +3.4%, all of which left new home sales down
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