Topea

Unexpected weakness in sales of new homes in the US, the lowest level since April 2020

The number of new homes sold in the US in June was announced at 23:00 JST, which was much lower than expected at 676,000 on an annualized basis, the lowest level since April 2020. Inventories have recovered to 6.1 months, indicating a pause in the US housing market. It has been shown that US housing …

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