US housing recession may be worse than in 2008
New data presents evidence of a US housing recession that is even worse than the Great Recession crash of 2008, Investorplace reports.
US new home sales plunge for sixth straight month to lowest level since 2016
Sales of new U.S. homes plunged more than expected in July to the lowest level in six years as rising mortgage rates and the relentless increase in home values slowed activity by edging prospective homebuyers out of the market.
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