Homebuilders are Doing Great
Slate Money
00:00
New Home Sales Are Doing Better Than Existing Home Sales
The housing market is seeing a bifurcation. New houses and new home sales are doing much better than existing home sales. Mortgage rates are really high right now so most people aren't buying houses at all. All of America's big home builders are doing really well on the stock market, which is not something you would expect right now.
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