New US home sales fall as high borrowing costs stifle housing demand reut.rs/4oMWxV3
New US home sales fall as high borrowing costs stifle housing demand reut.rs/4oMWxV3
more like the high cost of building (we've had these borrowing rates for several years now). Plus, uncertainty about the economy and employment is keeping people where they are....
The entire Country is falling under Trump and his stupid tariffs.
All part of the grand homebuilding strategy!
Gee, I wonder why.
It’s not the rates it’s the price!
High borrowing costs, yes. But also outrageous home costs in general. In Chicago if you want even a small home in a decent neighborhood that isn't a knockdown/in severe disrepair(i.e. in need of $150-200K+ in additional renovation after you buy), you're looking at $500K+
Trump did that
Sales fall but not prices?