U.S. New Home Market Cap Slumps In April 2026
Source: SeekingAlpha
2026-05-28 12:35:00 ET
The U.S. new home market has largely recovered from the disruption of January 2026's blizzards . Unfortunately, rising mortgage rates combined with an uptick in the average sale price of new homes to reduce the quantity of sales. This combination of factors resulted in the total valuation of new homes sold in April 2026 to decline below the levels recorded a month earlier....
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U.S. New Home Market Cap Slumps In April 2026
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