New Home Sales Fall For Second Month As Mortgage Rates Rise

PETALUMA, CALIFORNIA - MARCH 23: Homes under construction are seen at a housing development on March 23, 2022 in Petaluma, California. According to a report by the Commerce Department, sales of new single-family homes slowed in February as mortgage rates inch up and and house prices continue to rise. (Photo by Justin Sullivan/Getty Images)
PETALUMA, CALIFORNIA - MARCH 23: Homes under construction are seen at a housing development on March 23, 2022 in Petaluma, California. According to a report by the Commerce Department, sales of new single-family homes slowed in February as mortgage rates inch up and and house prices continue to rise. (Photo by Justin Sullivan/Getty Images)
New Home Sales Fall For Second Month As Mortgage Rates Rise
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Credit:
Justin Sullivan / Staff
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Getty Images News
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March 23, 2022
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