New home sales surge over 20% as lower mortgage rates spurred demand
PositiveU.S News

New home sales have surged over 20%, driven by lower mortgage rates that have spurred demand among buyers. This increase is significant as it indicates a rebound in the housing market, which is crucial for economic recovery. However, experts caution that this boost may be tempered by a weakening labor market, which could affect future sales. It's a mixed bag of good news and potential challenges ahead.
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