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New Home Sales Slump Amid High Rates | Real Estate News
New home sales nosedived in July, plummeting over 10% from June as high mortgage rates and rising inventory chill buyer enthusiasm. Builders are scrambling with discounts, flexible financing, and smaller, more affordable homes to stay competitive — even as median prices dip and regional markets like the Midwest feel the squeeze hardest. Until rates ease, expect cautious buyers and creative builders to keep shaping a tough, shifting housing landscape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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