Economic Update: U.S. Housing Hiccups

SP Capital IQ |

The news from housing this week gave little indication of how higher interest rates are affecting the housing market. In July, existing home sales hit their highest level in nearly four years. But new home sales fell far below markets’ expectations, and the index of pending home sales slowed. In this segment, Chief Economist Beth Ann Bovino discusses the potential implications.

 



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Symbol Name Price Change % Volume
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