News Formal

Market for newly built homes slows as elevated mortgage rates put off many home shoppers

  • 📰 KUTV2News
  • ⏱ Reading Time:
  • 18 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Mortgage Rates 뉴스

Home Sales,Homebuilders,New Homes

Homebuilders who bucked the worst of last year's housing slump may be seeing their luck run out.After showing signs of strengthening early this year, sales of n

FILE - Workers toil on new homes in a housing development Tuesday, June 25, 2024, in Loveland, Colo. After showing signs of strengthening early this year, sales of new U.S. homes fell in April and May from a year earlier by 7.7% and 16.5%, respectively. After showing signs of strengthening early this year, sales of new U.S. homes fell in April and May from a year earlier by 7.7% and 16.5%, respectively.

As last year, homebuilders have lowered prices and offered incentives like paying to lower the rate on home loans in hopes of mitigating the impact of elevated mortgage rates. This spring's ramp-up in mortgage rates, which limits homebuying budgets, and the lingering uncertainty over when rates may come down, have put off many home shoppers.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 281. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Tron (TRX) Surpasses Shiba Inu (SHIB) in Fresh Market ShiftMarket shift comes amid broader drop in cryptocurrency market
출처: Utoday_en - 🏆 295. / 63 더 많은 것을 읽으십시오 »

The Fresh Market to move into old Dom's Kitchen & Market location in Chicago's Lincoln Park communityThe Fresh Market to move into old Dom's Kitchen & Market location in Lincoln Park
출처: cbschicago - 🏆 546. / 51 더 많은 것을 읽으십시오 »

Coinrate.pro's Exclusive Market-Making Systems Overcome Low Market Cap and Trading Volume IssuesCoinrate.pro offers advanced technological solutions to address the issues of low market cap and trading volume
출처: Utoday_en - 🏆 295. / 63 더 많은 것을 읽으십시오 »

The college job market offers a warning sign to the US labor marketOn paper, the job market looks like it’s hardly ever been better. But the unemployment rate for bachelor’s degree recipients aged 20 to 29 is above 12%.
출처: cnnbrk - 🏆 393. / 55 더 많은 것을 읽으십시오 »

Market for newly built homes slows as elevated mortgage rates put off many home shoppersHomebuilders who bucked the worst of last year's housing slump may be seeing their luck run out.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »