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EconomyUS new single-family home sales slide in July as confidence dips

High mortgage rates pushed potential buyers to the sidelines, sending U.S. new single-family home sales sharply lower in July. Consumer confidence also fell to a seven-month low as concerns grew over the job market and inflation outlook.

US economyhousing marketconsumer confidence

RReuters★★★☆☆2026-08-25 17:25Original

US new single-family home sales slide in July as confidence dips
US new single-family home sales slide in July as confidence dipsEconomy