You are using an older browser version. Please use a supported version for the best MSN experience.

Newly built home sales fall to pre-pandemic lows

Sales of newly built homes have plummeted to pre-pandemic levels as inflation and mortgage rates rise. Danielle Hale, chief economist for Realtor.com, joined CBS News' Jim Axelrod to discuss what this means for the market.

UP NEXT

UP NEXT

image beaconimage beaconimage beacon