U.S. new home sales drop to two-year low in June
July 26, 2022 at 14:26 PM EDT
WASHINGTON, July 26 (Reuters) - Sales of new U.S. single-family homes dropped to their lowest level in just over two years in June, the latest sign that rising mortgage rates, combined with higher prices, were dampening demand for housing. New home sales tumbled 8.1% to a seasonally adjusted annual … Source
