Sunday, December 22, 2024

New Home Sales on the Rise in July

Despite an economic setback caused by the COVID-19 pandemic, the housing market is steadily recovering. According to the U.S. Census Bureau and the Department of Housing and Urban Development, new single-family home sales increased to a compounded annual growth rate of 708,000 in July.

To read more about this story in its entirety from ABA Banking Journal, please click here.