Property News · May 26, 2020

New home sales rose slightly in April, defying expectations of a huge 22% drop, as prices fall


In perhaps one of the brightest economic readings since the start of the coronavirus pandemic, sales of newly built homes rose nearly 1% in April compared with March, according to the U.S. Census. While that may not seem like a lot, they were expected to fall 22%.

Source : cnbc.com
Read more…New home sales rose slightly in April, defying expectations of a huge 22% drop, as prices fall