Showing posts with label Southern Migration (People are Flooding to the South). Show all posts
Showing posts with label Southern Migration (People are Flooding to the South). Show all posts

Thursday, September 25, 2025

New home sales surge over 20% to 3-year high as lower mortgage rates spurred demand

New home sales surge over 20% to 3-year high as lower mortgage rates spurred demand

Snippet of Article: "...Sales of new US single-family homes surged to the highest level in more than 3-1/2 years in August, but that likely exaggerates the housing market’s health, and a weakening labor market could limit the boost from falling mortgage rates.

The bigger-than-expected increase in sales last month reported by the Commerce Department on Wednesday was shrugged off by economists...jumped 24.7% in the densely populated South ..."



Source: nypost.com

Home Sales Rise in the South, Sales of new US single-family homes surge,