New Home Sales Fall to Lowest Pace in More than Six Years

New Home Sales Fall to Lowest Pace in More than Six Years

The tepid sales pace matches declining builder confidence since the beginning of the year as the industry grapples with supply chain disruptions that are delaying new home building projects and raising housing costs as mortgage interest rates increased.

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NAHB

https://www.nahb.org/news-and-economics/press-releases/2022/08/new-home-sales-fall-to-lowest-pace-in-more-than-six-years

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