New Home Sales Accelerate As Pending Home Sales Drop

Sales of new single-family houses in January 2021 continued to increase according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. Experts say that’s due to record-low mortgage rates and an acute shortage of existing houses on the market. The latter contributed to the simultaneous month-to-month …

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Article From: "Christina Hughes Babb"   Read full article

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