New home sales surged in April: Broker talks buying sight unseen
US new home sales rose by nearly 11% in April, as opposed to the 4% decline that economists were expecting and homebuyers showing some resiliency despite elevated mortgage rates. Kristopher Tramont, Real Broker broker associate and owner of the X Team, comes on Wealth to speak more with Brad Smith about US homebuilders and housing market trends, buying activity, and moves to the Sun Belt states. To watch more expert insights and analysis on the latest market action, check out more Wealth here.
