US New Home Sales Drop in April Amid Elevated Mortgage Rates

New U.S. single-family home sales fell by 6.2% month-over-month in April, reaching a seasonally adjusted annual rate of 622,000 units due to elevated mortgage rates and affordability pressures. The decline was observed across most regions except the West.

By Tanya Rawat Sat, May 30, 2026 at 3:31 PM GMT+3 6 min read · Yahoo Finance · May 30, 2026, 12:31 UTC

US New Home Sales Drop in April Amid Elevated Mortgage Rates

Topics: economic data housing demand mortgage rates

Read the full article at Yahoo Finance

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