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US New-Home Sales Expected to Slow in October After September Jump
U.S. stocks are fluctuating | The housing construction sector leads in gains, with existing home sales in October experiencing the first year-on-year increase in more than three years.
d.r. horton and toll brothers rose over 6%, while beazer homes usa, pultegroup, and lennar corp rose over 5%. According to the data from the National Association of Realtors (NAR), the total existing home sales in the usa for October was an annualized 3.96 million units, with expectations of 3.95 million units, and the previous value was 3.84 million units.
With the arrival of Trump 2.0, where will the usa real estate market head?
Jonathan Warren, UBS Group's Chief Investment Officer and stock strategist, stated that the direction and level of interest rates, as well as the power of the Republican legislative agenda, will determine the real estate landscape under President Trump's second term in office.
U.S. Election's Ramifications on the Real Estate Sector
Existing-Home Sales Log First Annual Gain Since July 2021
Home Sales Climb to Highest Level Since Summer. Why the Worst of the Downturn Could Be Over. -- Barrons.com
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