@[email protected] to BusinessEnglish • 2 months agoNew home sales plummet 17% to 2-year low as rising mortgage rates sideline buyersnypost.commessage-square19fedilinkarrow-up143arrow-down12cross-posted to: [email protected][email protected]
arrow-up141arrow-down1external-linkNew home sales plummet 17% to 2-year low as rising mortgage rates sideline buyersnypost.com@[email protected] to BusinessEnglish • 2 months agomessage-square19fedilinkcross-posted to: [email protected][email protected]
minus-squareAwkwardLookMonkeyPuppetlinkEnglish1•edit-22 months agoIt should drive prices down too, but it’s not doing that either. Markets are based on whimsy now.
minus-square@[email protected]linkfedilinkEnglish1•2 months agoEh, I don’t think so. I don’t think there’s an oversupply, inventory seems to also be falling. High mortgage rates discourage both buyers and sellers.
It should drive prices down too, but it’s not doing that either. Markets are based on whimsy now.
Eh, I don’t think so. I don’t think there’s an oversupply, inventory seems to also be falling. High mortgage rates discourage both buyers and sellers.