Daily Archives: May 24, 2023

Now playing: 6th major housing downturn since 1960s

The median new US home in April sold for $420,800 -15% lower than the peak last October. Less spending is evident in home improvement spending too. Yesterday, Lowe’s joined Home Depot in announcing a year-over-year decline in same-store sales (the … Continue reading

Posted in Main Page | Comments Off on Now playing: 6th major housing downturn since 1960s