Despite Tumbling Mortgage Rates, US New Home Sales Dropped In August

September 25, 2024

Despite Tumbling Mortgage Rates, US New Home Sales Dropped In August

New home sales in the US tumbled 4.7% MoM in August (though slightly less than the 5.3% drop expected) after July’s huge 10.3% MoM jump (revised down from +10.6%)

Source: Bloomberg

On a YoY basis, new home sales were up 9.8% (but down to 716k SAAR on the month), continuing to dramatically decouple from pending- and existing-home sales…

Source: Bloomberg

Interestingly, despite tumbling mortgage rates and soaring mortgage applications, sales dropped MoM…

Source: Bloomberg

Now, with The Fed pivoting into an easing cycle, will home prices start surging once again?

Source: Bloomberg

Have no fear, Kamala has a plan for that…

Tyler Durden
Wed, 09/25/2024 – 10:09

https://www.zerohedge.com/personal-finance/despite-tumbling-mortgage-rates-us-new-home-sales-dropped-august

Despite Tumbling Mortgage Rates, US New Home Sales Dropped In August <body> <h1> Array ( [0] => sespite tumbling mortgage rates, us new home sales dropped in august [1] => xespite tumbling mortgage rates, us new home sales dropped in august [2] => cespite tumbling mortgage rates, us new home sales dropped in august [3] => fespite tumbling mortgage rates, us new home sales dropped in august [4] => respite tumbling mortgage rates, us new home sales dropped in august [5] => eespite tumbling mortgage rates, us new home sales dropped in august [6] => dwspite tumbling mortgage rates, us new home sales dropped in august [7] => dsspite tumbling mortgage rates, us new home sales dropped in august [8] => ddspite tumbling mortgage rates, us new home sales dropped in august [9] => drspite tumbling mortgage rates, us new home sales dropped in august [10] => d4spite tumbling mortgage rates, us new home sales dropped in august [11] => d3spite tumbling mortgage rates, us new home sales dropped in august [12] => deapite tumbling mortgage rates, us new home sales dropped in august [13] => dezpite tumbling mortgage rates, us new home sales dropped in august [14] => dexpite tumbling mortgage rates, us new home sales dropped in august [15] => dedpite tumbling mortgage rates, us new home sales dropped in august [16] => deepite tumbling mortgage rates, us new home sales dropped in august [17] => dewpite tumbling mortgage rates, us new home sales dropped in august [18] => desoite tumbling mortgage rates, us new home sales dropped in august [19] => deslite tumbling mortgage rates, us new home sales dropped in august [20] => des-ite tumbling mortgage rates, us new home sales dropped in august [21] => des0ite tumbling mortgage rates, us new home sales dropped in august [22] => despute tumbling mortgage rates, us new home sales dropped in august [23] => despjte tumbling mortgage rates, us new home sales dropped in august [24] => despkte tumbling mortgage rates, us new home sales dropped in august [25] => despote tumbling mortgage rates, us new home sales dropped in august [26] => desp9te tumbling mortgage rates, us new home sales dropped in august [27] => desp8te tumbling mortgage rates, us new home sales dropped in august [28] => despire tumbling mortgage rates, us new home sales dropped in august [29] => despife tumbling mortgage rates, us new home sales dropped in august [30] => despige tumbling mortgage rates, us new home sales dropped in august [31] => despiye tumbling mortgage rates, us new home sales dropped in august [32] => despi6e tumbling mortgage rates, us new home sales dropped in august [33] => despi5e tumbling mortgage rates, us new home sales dropped in august [34] => despitw tumbling mortgage rates, us new home sales dropped in august [35] => despits tumbling mortgage rates, us new home sales dropped in august [36] => despitd tumbling mortgage rates, us new home sales dropped in august [37] => despitr tumbling mortgage rates, us new home sales dropped in august [38] => despit4 tumbling mortgage rates, us new home sales dropped in august [39] => despit3 tumbling mortgage rates, us new home sales dropped in august [40] => despite rumbling mortgage rates, us new home sales dropped in august [41] => despite fumbling mortgage rates, us new home sales dropped in august [42] => despite gumbling mortgage rates, us new home sales dropped in august [43] => despite yumbling mortgage rates, us new home sales dropped in august [44] => despite 6umbling mortgage rates, us new home sales dropped in august [45] => despite 5umbling mortgage rates, us new home sales dropped in august [46] => despite tymbling mortgage rates, us new home sales dropped in august [47] => despite thmbling mortgage rates, us new home sales dropped in august [48] => despite tjmbling mortgage rates, us new home sales dropped in august [49] => despite timbling mortgage rates, us new home sales dropped in august [50] => despite t8mbling mortgage rates, us new home sales dropped in 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august [90] => despite tumbling mottgage rates, us new home sales dropped in august [91] => despite tumbling mo5tgage rates, us new home sales dropped in august [92] => despite tumbling mo4tgage rates, us new home sales dropped in august [93] => despite tumbling morrgage rates, us new home sales dropped in august [94] => despite tumbling morfgage rates, us new home sales dropped in august [95] => despite tumbling morggage rates, us new home sales dropped in august [96] => despite tumbling morygage rates, us new home sales dropped in august [97] => despite tumbling mor6gage rates, us new home sales dropped in august [98] => despite tumbling mor5gage rates, us new home sales dropped in august [99] => despite tumbling mortfage rates, us new home sales dropped in august [100] => despite tumbling mortvage rates, us new home sales dropped in august [101] => despite tumbling mortbage rates, us new home sales dropped in august [102] => despite tumbling morthage rates, us new home sales dropped in august [103] => despite tumbling mortyage rates, us new home sales dropped in august [104] => despite tumbling morttage rates, us new home sales dropped in august [105] => despite tumbling mortgzge rates, us new home sales dropped in august [106] => despite tumbling mortgsge rates, us new home sales dropped in august [107] => despite tumbling mortgwge rates, us new home sales dropped in august [108] => despite tumbling mortgqge rates, us new home sales dropped in august [109] => despite tumbling mortgafe rates, us new home sales dropped in august [110] => despite tumbling mortgave rates, us new home sales dropped in august [111] => despite tumbling mortgabe rates, us new home sales dropped in august [112] => despite tumbling mortgahe rates, us new home sales dropped in august [113] => despite tumbling mortgaye rates, us new home sales dropped in august [114] => despite tumbling mortgate rates, us new home sales dropped in august [115] => despite tumbling mortgagw rates, us new home sales dropped in august [116] => despite tumbling mortgags rates, us new home sales dropped in august [117] => despite tumbling mortgagd rates, us new home sales dropped in august [118] => despite tumbling mortgagr rates, us new home sales dropped in august [119] => despite tumbling mortgag4 rates, us new home sales dropped in august [120] => despite tumbling mortgag3 rates, us new home sales dropped in august [121] => despite tumbling mortgage eates, us new home sales dropped in august [122] => despite tumbling mortgage dates, us new home sales dropped in august [123] => despite tumbling mortgage fates, us new home sales dropped in august [124] => despite tumbling mortgage tates, us new home sales dropped in august [125] => despite tumbling mortgage 5ates, us new home sales dropped in august [126] => despite tumbling mortgage 4ates, us new home sales dropped in august [127] => despite tumbling mortgage rztes, us new home sales dropped in august [128] => despite tumbling mortgage 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[154] => despite tumbling mortgage rates, ys new home sales dropped in august [155] => despite tumbling mortgage rates, hs new home sales dropped in august [156] => despite tumbling mortgage rates, js new home sales dropped in august [157] => despite tumbling mortgage rates, is new home sales dropped in august [158] => despite tumbling mortgage rates, 8s new home sales dropped in august [159] => despite tumbling mortgage rates, 7s new home sales dropped in august [160] => despite tumbling mortgage rates, ua new home sales dropped in august [161] => despite tumbling mortgage rates, uz new home sales dropped in august [162] => despite tumbling mortgage rates, ux new home sales dropped in august [163] => despite tumbling mortgage rates, ud new home sales dropped in august [164] => despite tumbling mortgage rates, ue new home sales dropped in august [165] => despite tumbling mortgage rates, uw new home sales dropped in august [166] => despite tumbling mortgage rates, us bew home sales dropped in august [167] => despite tumbling mortgage rates, us mew home sales dropped in august [168] => despite tumbling mortgage rates, us jew home sales dropped in august [169] => despite tumbling mortgage rates, us hew home sales dropped in august [170] => despite tumbling mortgage rates, us nww home sales dropped in august [171] => despite tumbling mortgage rates, us nsw home sales dropped in august [172] => despite tumbling mortgage rates, us ndw home sales dropped in august [173] => despite tumbling mortgage rates, us nrw home sales dropped in august [174] => despite tumbling mortgage rates, us n4w home sales dropped in august [175] => despite tumbling mortgage rates, us n3w home sales dropped in august [176] => despite tumbling mortgage rates, us neq home sales dropped in august [177] => despite tumbling mortgage rates, us nea home sales dropped in august [178] => despite tumbling mortgage rates, us nes home sales dropped in august [179] => despite tumbling mortgage rates, us nee home sales dropped in august [180] => despite tumbling mortgage rates, us ne3 home sales dropped in august [181] => despite tumbling mortgage rates, us ne2 home sales dropped in august [182] => despite tumbling mortgage rates, us new gome sales dropped in august [183] => despite tumbling mortgage rates, us new bome sales dropped in august [184] => despite tumbling mortgage rates, us new nome sales dropped in august [185] => despite tumbling mortgage rates, us new jome sales dropped in august [186] => despite tumbling mortgage rates, us new uome sales dropped in august [187] => despite tumbling mortgage rates, us new yome sales dropped in august [188] => despite tumbling mortgage rates, us new hime sales dropped in august [189] => despite tumbling mortgage rates, us new hkme sales dropped in august [190] => despite tumbling mortgage rates, us new hlme sales dropped in august [191] => despite tumbling mortgage rates, us new hpme sales dropped in august [192] => despite tumbling mortgage rates, us new h0me sales dropped in august [193] => despite tumbling mortgage rates, us new h9me sales dropped in august [194] => despite tumbling mortgage rates, us new hone sales dropped in august [195] => despite tumbling mortgage rates, us new hoke sales dropped in august [196] => despite tumbling mortgage rates, us new hoje sales dropped in august [197] => despite tumbling mortgage rates, us new homw sales dropped in august [198] => despite tumbling mortgage rates, us new homs sales dropped in august [199] => despite tumbling mortgage rates, us new homd sales dropped in august [200] => despite tumbling mortgage rates, us new homr sales dropped in august [201] => despite tumbling mortgage rates, us new hom4 sales dropped in august [202] => despite tumbling mortgage rates, us new hom3 sales dropped in august [203] => despite tumbling mortgage rates, us new home aales dropped in august [204] => despite tumbling mortgage rates, us new home zales dropped in august [205] => despite tumbling mortgage rates, us new home xales dropped in august [206] => despite tumbling mortgage rates, us new home dales dropped in august [207] => despite tumbling mortgage rates, us new home eales dropped in august [208] => despite tumbling mortgage rates, us new home wales dropped in august [209] => despite tumbling mortgage rates, us new home szles dropped in august [210] => despite tumbling mortgage rates, us new home ssles dropped in august [211] => despite tumbling mortgage rates, us new home swles dropped in august [212] => despite tumbling mortgage rates, us new home sqles dropped in august [213] => despite tumbling mortgage rates, us new home sakes dropped in august [214] => despite tumbling mortgage rates, us new home sapes dropped in august [215] => despite tumbling mortgage rates, us new home saoes dropped in august [216] => despite tumbling mortgage rates, us new home salws dropped in august [217] => despite tumbling mortgage rates, us new home salss dropped in august [218] => despite tumbling mortgage rates, us new home salds dropped in august [219] => despite tumbling mortgage rates, us new home salrs dropped in august [220] => despite tumbling mortgage rates, us new home sal4s dropped in august [221] => despite tumbling mortgage rates, us new home sal3s dropped in august [222] => despite tumbling mortgage rates, us new home salea dropped in august [223] => despite tumbling mortgage rates, us new home salez dropped in august [224] => despite tumbling mortgage rates, us new home salex dropped in august [225] => despite tumbling mortgage rates, us new home saled dropped in august [226] => despite tumbling mortgage rates, us new home salee dropped in august [227] => despite tumbling mortgage rates, us new home salew dropped in august [228] => despite tumbling mortgage rates, us new home sales sropped in august [229] => despite tumbling mortgage rates, us new home sales xropped in august [230] => despite tumbling mortgage rates, us new home sales cropped in august [231] => despite tumbling mortgage rates, us new home sales fropped in august [232] => despite tumbling mortgage rates, us new home sales rropped in august [233] => despite tumbling mortgage rates, us new home sales eropped in august [234] => despite tumbling mortgage rates, us new home sales deopped in august [235] => despite tumbling mortgage rates, us new home sales ddopped in august [236] => despite tumbling mortgage rates, us new home sales dfopped in august [237] => despite tumbling mortgage rates, us new home sales dtopped in august [238] => despite tumbling mortgage rates, us new home sales d5opped in august [239] => despite tumbling mortgage rates, us new home sales d4opped in august [240] => despite tumbling mortgage rates, us new home sales dripped in august [241] => despite tumbling mortgage rates, us new home sales drkpped in august [242] => despite tumbling mortgage rates, us new home sales drlpped in august [243] => despite tumbling mortgage rates, us new home sales drppped in august [244] => despite tumbling mortgage rates, us new home sales dr0pped in august [245] => despite tumbling mortgage rates, us new home sales dr9pped in august [246] => despite tumbling mortgage rates, us new home sales drooped in august [247] => despite tumbling mortgage rates, us new home sales drolped in august [248] => despite tumbling mortgage rates, us new home sales dro-ped in august [249] => despite tumbling mortgage rates, us new home sales dro0ped in august [250] => despite tumbling mortgage rates, us new home sales dropoed in august [251] => despite tumbling mortgage rates, us new home sales dropled in august [252] => despite tumbling mortgage rates, us new home sales drop-ed in august [253] => despite tumbling mortgage rates, us new home sales drop0ed in august [254] => despite tumbling mortgage rates, us new home sales droppwd in august [255] => despite tumbling mortgage rates, us new home sales droppsd in august [256] => despite tumbling mortgage rates, us new home sales droppdd in august [257] => despite tumbling mortgage rates, us new home sales dropprd in august [258] => despite tumbling mortgage rates, us new home sales dropp4d in august [259] => despite tumbling mortgage rates, us new home sales dropp3d in august [260] => despite tumbling mortgage rates, us new home sales droppes in august [261] => despite tumbling mortgage rates, us new home sales droppex in august [262] => despite tumbling mortgage rates, us new home sales droppec in august [263] => despite tumbling mortgage rates, us new home sales droppef in august [264] => despite tumbling mortgage rates, us new home sales dropper in august [265] => despite tumbling mortgage rates, us new home sales droppee in august [266] => despite tumbling mortgage rates, us new home sales dropped un august [267] => despite tumbling mortgage rates, us new home sales dropped jn august [268] => despite tumbling mortgage rates, us new home sales dropped kn august 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dropped in ahgust [282] => despite tumbling mortgage rates, us new home sales dropped in ajgust [283] => despite tumbling mortgage rates, us new home sales dropped in aigust [284] => despite tumbling mortgage rates, us new home sales dropped in a8gust [285] => despite tumbling mortgage rates, us new home sales dropped in a7gust [286] => despite tumbling mortgage rates, us new home sales dropped in aufust [287] => despite tumbling mortgage rates, us new home sales dropped in auvust [288] => despite tumbling mortgage rates, us new home sales dropped in aubust [289] => despite tumbling mortgage rates, us new home sales dropped in auhust [290] => despite tumbling mortgage rates, us new home sales dropped in auyust [291] => despite tumbling mortgage rates, us new home sales dropped in autust [292] => despite tumbling mortgage rates, us new home sales dropped in augyst [293] => despite tumbling mortgage rates, us new home sales dropped in aughst [294] => despite tumbling mortgage rates, us new home sales dropped in augjst [295] => despite tumbling mortgage rates, us new home sales dropped in augist [296] => despite tumbling mortgage rates, us new home sales dropped in aug8st [297] => despite tumbling mortgage rates, us new home sales dropped in aug7st [298] => despite tumbling mortgage rates, us new home sales dropped in auguat [299] => despite tumbling mortgage rates, us new home sales dropped in auguzt [300] => despite tumbling mortgage rates, us new home sales dropped in auguxt [301] => despite tumbling mortgage rates, us new home sales dropped in augudt [302] => despite tumbling mortgage rates, us new home sales dropped in auguet [303] => despite tumbling mortgage rates, us new home sales dropped in auguwt [304] => despite tumbling mortgage rates, us new home sales dropped in augusr [305] => despite tumbling mortgage rates, us new home sales dropped in augusf [306] => despite tumbling mortgage rates, us new home sales dropped in augusg [307] => despite tumbling mortgage rates, us new home sales dropped in augusy [308] => despite tumbling mortgage rates, us new home sales dropped in augus6 [309] => despite tumbling mortgage rates, us new home sales dropped in augus5 ) </h1> </body>