Given the recent decline in home buyer sentiment, as well as the dip in existing home sales already reported, June’s fall in new home sales should not come as a surprise. That said the dip did more than simply reverse May’s rise, adding to the impression that home sales activity may be running out of steam.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services