New home sales growth concentrated in more affordable south: Expert

Posted from: https://www.cnbc.com/video/2018/06/25/new-home-sales-growth-concentrated-in-more-affordable-south-expert-real-estate-housing-market.html

Patrick Newport, IHS Markit executive director of U.S. economics, and Susan Wachter, University of Pennsylvania Wharton real estate professor, discuss the jump in new home sales in May. All the growth in new home sales is in the south where housing is affordable….

Posted from: https://www.cnbc.com/video/2018/06/25/new-home-sales-growth-concentrated-in-more-affordable-south-expert-real-estate-housing-market.html

Patrick Newport, IHS Markit executive director of U.S. economics, and Susan Wachter, University of Pennsylvania Wharton real estate professor, discuss the jump in new home sales in May. All the growth in new home sales is in the south where housing is affordable….

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