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Sept. new home sales decline 3.5%, post a strong summer season

Sept. new home sales decline 3.5%, post a strong summer season

New home sales declined by 3.5% in Sept. to a seasonally-adjusted annual rate of 959,000mn units, said the Commerce Department on Mon. post a strong summer season. However it added that despite the modest decrease, sales of new homes were up 32.1% from a year earlier. However, there is a fear psychosis of pandemic weighing on the market as winter arrives and Covid-19 cases spike across the US.

Milan
Milan
Tish Tosh
Tish Tosh 0 months

no shit. more homes sell in the warm seasons.

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