New Home Sales Slump In January, Despite Drop In Prices
3/14/2019 10:40 AM EST
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Following a rebound in November and December, January's (delayed due to the govt shutdown) new home sales plunged 6.9% MoM despite a jump in homebuilder sentiment.
Sales of new U.S. homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.
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Tech expert Paul Mampilly just unveiled his No. 1 Investment for 2019.
The number of properties sold for which...
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