Home Sales EXPLODE 20%! Is Housing Market Back?
Did you know new home sales skyrocketed a staggering 20% in August? Surprisingly, this surge happened despite high mortgage rates, reaching a three-year peak. However, experts like Robert Dietz from the National Association of Home Builders caution that the data's margin of error is significant, leaving room for potential revisions. Furthermore, the subsequent drop in mortgage rates in September adds another layer of intrigue to this unexpected housing market spike. Subscribe to our channel for more in-depth analysis on the ever-changing world of finance.
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