Sales of new homes tanked in May, pushing supply up to a 3-year highNew home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.{}

New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.https://www.cnbc.com/2025/06/25/may-2025-new-home-sales.html

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