Housing Market Boom ‘Is Over’ As New Home Sales Implode–Here’s What To Expect From Prices This Year - Forbes

The monthly payment required to buy a home has risen by about 50% since September.

New home sales unexpectedly plunged much more than economists projectedand for the fourth consecutive monthin April, according to data released Tuesday, adding to signs that the once booming housing … [+3309 chars]

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