Business
Residential Confidence, New Home Sales Plummet Renee McKeown 2 Min 12 – The Urban Developer
Lockdowns, low-confidence and a lack of incentives are weighing down new home sales which dropped 20.5 per cent in July…
^Source: HIA
HIA economist Tom Devitt said sales data over coming months would indicate if recent lockdowns had impaired consumer confidence or if this July result was an anomaly.
With lockdowns in multiple states restricting trade and eroding confidence,…
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