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MarketsConfirmedMedium
10.0

US new home sales rise 1.6% month-over-month in June, down 5.6% year-over-year

US new home sales increased 1.6% in June compared to May, though the sector remains down 5.6% on an annual basis. The divergence between monthly growth and annual contraction highlights ongoing volatility in the housing market amid high interest rates.

InfoMoneyabout 6 hours agoUSCredibility 46%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.5
Source credibility0.5

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United States

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country
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Part of 2 situations

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