Housing Market Collapse ‘Deepening, Fast’: New Home Sales Crater Again As Experts Worry Downturn Could Spark Recession

Posted on the 26 July 2022 by Phil's Stock World @philstockworld

New home sales unexpectedly plunged much more than economists projected in June, according to data released Tuesday, adding to signs that the housing market is abruptly unraveling pandemic-era gains as experts start to worry the downturn could spillover into the broader economy-potentially even ...

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