Why the new home market has an edge on existing home sales

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Why the new home market has an edge on existing home sales
Dani RomeroUS Census Bureau
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According to the US Census Bureau, new home sales surged to 8.8% month-over-month in March as a persistent shortage of pre-owned homes remains. With current ...

According to the US Census Bureau, new home sales surged to 8.8% month-over-month in March as a persistent shortage of pre-owned homes remains. With current mortgage rates increasing and supply and demand for housing still high, current homeowners seemed to be locked in, causing prospective new homeowners to look elsewhere.

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Dani Romero US Census Bureau

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