Coverage dated May 23, 2022
US new home sales fall sharply in April amid rising prices Headline from Digital Journal
US new home sales plunged in April to their lowest in two years, even as prices continued to climb, according to government data released Tuesday, as
Digital Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
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FOX Business
New home sales plunge nearly 17% in April ↗ (opens FOX Business) Published May 23, 2022
FOX Business's feed description The Census Bureau reported that the median sales price of new homes hit $450,600 last month. With interest rates now upward of 5%, the rising cost of homeownership is pricing more would-be buyers out of the market.
Digital Journal
US new home sales fall sharply in April amid rising prices ↗ (opens Digital Journal) Published May 23, 2022
Digital Journal's feed description US new home sales plunged in April to their lowest in two years, even as prices continued to climb, according to government data released Tuesday, as
Breitbart News
New Homes Sales Cratered in April Amid Rising Rates and High Prices ↗ (opens Breitbart News) Published May 23, 2022
Breitbart News's feed description A sharp slowdown in home sales can be a tell-tale sign that an economic slump is lurking ahead. | Economy
NBC New York
Sales of Newly Built Homes Tumbled Over 16% in April While Prices Soared ↗ (opens NBC New York) Published May 23, 2022
NBC New York's feed description The median price of a new home sold in April was $450,600, an increase of nearly 20% from the year before.
CNN
New home sales fell by nearly 17% in April as buying became even less affordable ↗ (opens CNN) Published May 23, 2022
CNN's feed description The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April.
Politico
'Recession warning': Sales of new homes plunge in April ↗ (opens Politico) Published May 23, 2022
Politico's feed description New-home sales fell 16.6 percent last month from the revised March figures, according to Census Bureau data released Tuesday.
