New Home Sales Soared In August, Prices Plunged As Mortgage Rates Spiked

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Source: Zero Hedge
Published: 2026-09-25 00:11 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Property, Property & Housing
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Snippet:
With homebuilder confidence plumbing new depths (and Housing Starts and Permits plunging), expectations were surprisingly for a small bounce back in new home sales in August (after collapsing in July).
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