New Home Sales Rise In March Despite Rising Mortgage Rates

#bubble, #inflation, Agency MBS, CMBS, CRE, Credit, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, Housing, Inflation, Mortgage, Powell, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages 1 Minute

High home prices show signs of cooling, mortgage rates remain fairly constant, while new home sales increase by 47k in March. Despite rising mortgage rates.

The bigger picture? New home sales remain relatively depressed after the Covid outbreak in 2020.

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Published by confoundedinterest17

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