Macro: New Home Sales

By |2023-11-27T13:16:23-05:00November 27th, 2023|Economy|

New home sales have been in an uptrend for the past 15 months. That trend is slowing and has perhaps come to an end. In October, homes sold at a rate of 679,000 units per year or just above the long term average of  656,000 units. The median price continues to come down. Prices dropped just over 3% from September [...]