US New Home Sales Plummet As COVID-19 Hits Housing Market
PYMNTS
APRIL 24, 2020
As COVID-19 started to impact the housing markets during a wind-down in mid-March, new home sales in the United States plummeted 15.4 Both areas of the country had states that put stay-at-home orders into place before other parts of the nation. percent sales drop in February, per the Commerce Department, the Associated Press reported.
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