New-Home Sales Fell in June as the Number of Completed Units Hit Its Highest Level in 15 Years

The numbers: Sales of newly built homes in the U.S. dipped in June as buyers continue to deal with an unaffordable housing market. Buyers are constrained by high home prices and elevated mortgage rates. Sales of new homes are at the lowest level since November 2023. Sales of newly built homes in the U.S. fell
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