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Business & Finance

US New Home Sales Fall Amid Surge in Mortgage Rates

Bloomberg Markets Tuesday 27 October 2026, 14:02 UTC By Michael Sasso 1 min read
Key Points

Sales of new homes in the US edged lower last month as homebuilders’ efforts to trim prices and offer sales incentives failed to offset a surge in mortgage rates.

Sales of new homes in the US edged lower last month as homebuilders’ efforts to trim prices and offer sales incentives failed to offset a surge in mortgage rates.
US (LOCATION)
Originally published by Bloomberg Markets Read original →

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