{"id":71824,"date":"2022-04-26T15:06:02","date_gmt":"2022-04-26T19:06:02","guid":{"rendered":"https:\/\/realestateguysradio.com\/?p=71824"},"modified":"2022-04-26T15:12:14","modified_gmt":"2022-04-26T19:12:14","slug":"newsfeed-us-new-home-sales-crashed-in-march","status":"publish","type":"post","link":"https:\/\/realestateguysradio.com\/newsfeed-us-new-home-sales-crashed-in-march\/","title":{"rendered":"Newsfeed: US New Home Sales Crashed In March"},"content":{"rendered":"<div style=\"text-align: center;\">\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.zerohedge.com\/personal-finance\/us-new-home-sales-crashed-march\" target=\"_blank\" rel=\"noopener\">By Tyler Durden<\/a><\/p>\n<div class=\"caas-body-section\">\n<div class=\"caas-content wafer-sticky wafer-loader-success\" data-wf-sticky-boundary=\"caas-body-section\" data-wf-sticky-offset=\"165px 10px\" data-wf-sticky-target=\".caas-share-buttons\">\n<div class=\"caas-content-wrapper\">\n<div class=\"caas-body\">\n<p style=\"text-align: left;\">Analysts expected a 3rd straight month of declines in new home sales in March, but they did not see this bloodbath coming.\u00a0<strong>New Home Sales crashed 8.6% MoM (vs -0.6% exp).\u00a0<\/strong>That drags new home sales down 12.6% YoY.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2022-04-26_07-02-49.jpg?itok=6ATKe9h3\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2022-04-26_07-02-49.jpg?itok=6ATKe9h3\" data-link-option=\"0\"><picture><img fetchpriority=\"high\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2022-04-26_07-02-49.jpg?itok=6ATKe9h3\" alt=\"\" width=\"500\" height=\"340\" data-entity-type=\"file\" data-entity-uuid=\"6d661477-001b-4b09-8b24-21cc42a26ceb\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>This is the biggest drop since April 2021 and this is the start of the busiest season in the year for housing. This is the lowest SAAR since Nov 2021&#8230;<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2022-04-26_07-05-05.jpg?itok=LS4bk84K\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2022-04-26_07-05-05.jpg?itok=LS4bk84K\" data-link-option=\"0\"><picture><img decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2022-04-26_07-05-05.jpg?itok=LS4bk84K\" alt=\"\" width=\"500\" height=\"346\" data-entity-type=\"file\" data-entity-uuid=\"44d38a8d-45e1-421d-9769-6fe0790bbc7e\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>Finally, there is no ignoring the fact that home sales are going to be affected by the record surge in mortgage rates in the last month or so&#8230;<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2022-04-26_07-05-41.jpg?itok=YxciV8PL\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2022-04-26_07-05-41.jpg?itok=YxciV8PL\" data-link-option=\"0\"><picture><img decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2022-04-26_07-05-41.jpg?itok=YxciV8PL\" alt=\"\" width=\"500\" height=\"346\" data-entity-type=\"file\" data-entity-uuid=\"c7bb241b-a521-4e82-a2ab-06893deab520\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>DRHorton claims that 10% of buyers will be impacted BUT also claims that there are plenty more behind them ready to bid for new homes&#8230;<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?dnt=false&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=true&amp;id=1518941544669224964&amp;lang=en&amp;origin=https%3A%2F%2Fwww.zerohedge.com%2Fpersonal-finance%2Fus-new-home-sales-crashed-march&amp;sessionId=3534ba45eab99fe43da83f6a7c67a6107352b8b8&amp;siteScreenName=zerohedge&amp;theme=light&amp;widgetsVersion=c8fe9736dd6fb%3A1649830956492&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1518941544669224964\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<div style=\"text-align: left;\">\n<div class=\"NodeContent_body__6iJOI NodeBody_container__hI8PI\">\n<p>We shall see!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"AdvertisingSlot_desktop__lDlm4 AdvertisingSlot_tablet__MndqJ AdvertisingSlot_placement__b8TLC AdvertisingSlot_align__800B1\" style=\"text-align: left;\">\n<div class=\"AdvertisingSlot_desktop__lDlm4 AdvertisingSlot_tablet__MndqJ AdvertisingSlot_placement__b8TLC AdvertisingSlot_align__800B1\"><\/div>\n<\/div>\n<div class=\"column column--full article__header\">\n<div class=\"article__masthead\" role=\"region\" aria-label=\"article header\">\n<div id=\"article-content\" class=\"wysiwyg clear\" style=\"text-align: left;\">\n<div class=\"column column--full article__header\">\n<div class=\"article__masthead\" role=\"region\" aria-label=\"article header\">\n<div class=\"caas-body-section\">\n<div class=\"caas-content wafer-sticky wafer-loader-success\" data-wf-sticky-boundary=\"caas-body-section\" data-wf-sticky-offset=\"165px 10px\" data-wf-sticky-target=\".caas-share-buttons\">\n<hr \/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: center;\">\n<h5 style=\"text-align: left;\">More From <i>The Real Estate Guys<\/i>\u2026<\/h5>\n<\/div>\n<ul>\n<li>Check out all the great free info in our\u00a0<a href=\"https:\/\/realestateguysradio.com\/resources\/special-reports\/\" target=\"_blank\" rel=\"noopener noreferrer\">Special Reports<\/a>\u00a0library.<\/li>\n<li>Don\u2019t miss an episode of<i>\u00a0The Real Estate Guys<\/i>\u2122 radio show. 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New Home Sales crashed 8.6% MoM (vs -0.6% exp). That drags new home sales down 12.6% YoY.<\/p>\n","protected":false},"author":207,"featured_media":71826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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