Housing Market Collapse ‘Deepening, Fast’: New Home Sales Crater Again As Experts Worry Downturn Could Spark Recession
The New Construction Flop New home sales unexpectedly plunged much more than economists projected in June, according to data released Tuesday, adding to signs that the housing market is abruptly unraveling pandemic-era gains as experts start to worry the downturn could spill over into the broader economy potentially even triggering a recession. About 590,000 new […]