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US New Home Sales Tumbled In April As Prices Soared
US New Home Sales Tumbled In April As Prices Soared
With Case-Shiller reporting existing home price declines in half of America's largest cities, and after two straight months of rip-roaring demand, NAR reports that New Home Sales in April tumbled 6.2% MoM (almost twice as bad as the 3.2% MoM decline expected). March's 7.4% MoM spike was revised down bigly to just +3.4%, all of which left new home sales down
Source: Bloomberg
Overall, new home sales have really gone nowhere for four years...
It seems lower mortgage rates did nothing to help new...
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May 1, 2026 / Larry C. Johnson
The Bogus Blockade Claim of the US Department of War
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May 10, 2026 / Tyler Durden
"They'll Be Laughing No Longer": Trump Rejects Iran Peace Deal Response As "Totally Unacceptable"
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Summary
Trump calls Iran's peace proposal response "totally unacceptable"
Iran warns of 'decisive, immediate' response to British or French warships approaching Hormuz Strait.
Iran responds Sunday to US peace proposal, finally submitting something official to Pakistan. Details not initially disclosed. Trump TS: Iran "playing games with the United States."
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US x Iran permanent peace deal by June 30, 2026?
Yes 52% · No 49%View full...
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Feb 24, 2026 / Ryan McMaken
McMaken on Stossel: Grading Trump’s First Year: the Border, DOGE, Debt, Energy
Ryan McMaken, editor-in-chief for Mises.org, joins John Stossel to grade Donald Trump's first year in office prior to tonight's State of the Union.
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