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US new-home sales hit lowest since 2022
Bloomberg·
Sales of new homes in the United States fell more than anticipated in January, reaching their lowest point since 2022. This significant drop indicates a notable pullback in buyer demand across the nation. Factors such as higher mortgage rates or economic uncertainty may be contributing to this slowdown in the housing market, suggesting potential headwinds for the construction sector.
Tags
macro
energy
Original Source
Bloomberg — www.bloomberg.com