The highest mortgage rates in a generation should be

crushing America’s home-building sector. Instead, they are helping it for now—a bright spot for the U.S. economy. The Commerce Department on Wednesday reported that 714,00 new homes were sold in July, at an annual rate, up from 684,000 in June and 543,000 in July last year. By contrast, existing-home sales fell in July for the fourth time in five months. One reason new-home sales have rebounded: Most current homeowners are locked in to lower rates and therefore hesitant to move. This is weighing heavily on the supply of previously owned homes for sale.

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• 因為大家都預期加息很快會停止，甚至明年就會降息， 現在應該知道很可能判斷錯了，高息可能會維持一段時間 -2008VGirl- ♀ (0 bytes) () 08/24/2023 postreply 05:14:09