Sharp drop in US new home sales marks lowest level

5 articles | Updated 1d ago | Created 1d ago

USA

New residential housing prices have plummeted, with January 2019 data showing a precipitous decline that has reached its nadir since early March of this year according to multiple regional reports from Serbia, Croatia, Slovakia, Slovenia, Bosnia-Herzegovina (BiH), and Montenegro. The market is experiencing rapid cooling across the region as sales figures fall by double-digit percentages compared with previous periods in 2019-354867a-b-c-d-e-f-g-h-i-j-k-l-m-n-o-p-q-r-s-t-u-v-w-x-y-z-a-b-c-defghijklmnopqrstuvwxy.

Key Points

1

Sales of new homes in the United States have dropped sharply, marking a significant decline.
2

The recent sales figures represent one or two years' lowest levels over an extended period (three and more).
3

This trend indicates that prices for existing housing are also falling rapidly across America.