New Home Sales Tick Up in June, But Affordability Headwinds Persist

New home sales in the United States posted a modest uptick in June, edging 0.6 percent higher to a seasonally adjusted annual rate of 627,000 units, according to the latest housing market data from Wells Fargo Economics. The slight gain follows a sharp 11.6 percent drop in May and underscores the ongoing struggle in the […]