New Home Sales Fall As Interest Rates Rise.Nationwide, new home sales New Home Sales An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics. have been on a slight decline, and most experts believe the market is giving in a falling inwards; a collapse. See also: Giving to the Federal Reserve Board's campaign of interest rate hikes. Fixed and adjustable mortgage rates have both risen in recent weeks. Analysts also see new home sales slowing this summer because of the decline in the stock market and the simple fact that the big growth spurt growth spurt Pediatrics A period of rapid growth in middle adolescence; ♀ ↑ ±8 cm/yr ±age 12; ♂ ↑ ±10 cm/yr ± age 14; GS is orderly, affecting acral parts–ie, hands and feet grow before proximal regions, in homeownership over the past several years means there won't won't Contraction of will not. won't will not won't will be the demand for more home right away. * New home sales were down 5.8 percent in April. * Sales are likely to decline over the next few months as borrowing costs rise and equity values fall. * The median sales price nationwide was $161,400. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion