New home sales fell nearly 9% month-over-month, while median sale prices also dropped. Zillow Group said it expects the market to continue to slow through 2019 as climbing interest rates cut into affordability.
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Home-builder stocks dropped amid a steep dip in October home sales. So reports MarketWatch.
New home sales fell nearly 9% month-over-month, while median sale prices also dropped. Zillow Group said it expects the market to continue to slow through 2019 as climbing interest rates cut into affordability.