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New information reveals house gross sales fell in April as mortgage charges remained excessive

New information reveals house gross sales fell in April as mortgage charges remained excessive


New information reveals house gross sales fell in April as mortgage charges remained excessive – CBS Information

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New housing data shows new and existing home sales fell in April as mortgage rates remained high. The number of homes on the market rose by 9%, but prices are still more than 40% higher than four years ago. CBS News business analyst Jill Schlesinger explains.

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Written by bourbiza mohamed

Bourbiza Mohamed is a freelance journalist and political science analyst holding a Master's degree in Political Science. Armed with a sharp pen and a discerning eye, Bourbiza Mohamed contributes to various renowned sites, delivering incisive insights on current political and social issues. His experience translates into thought-provoking articles that spur dialogue and reflection.

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