New-home sales plunge to a 7-month low as buyers struggle with high prices. Expect more weakness in the months ahead.

Sales of new homes plunged in May as buyers continued to stay away from the market, even as builders threw discounts and deals at them.

Jun 25, 2025 - 16:43
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New-home sales plunge to a 7-month low as buyers struggle with high prices. Expect more weakness in the months ahead.
Sales of new homes plunged in May as buyers continued to stay away from the market, even as builders threw discounts and deals at them.