U.S. new home sales fell 2.5% month-on-month in June, the first decline since February this year, but still increased 23.8% year-on-year, indicating that the new home market remains relatively strong. New home prices remain well above pre-COVID-19 levels, while existing home prices are near record highs. While rising mortgage rates and a rebound in home prices may delay the recovery, overall the U.S. housing market continues to be stable. Analysts believe buyers have gradually adapted to the new normal of high interest rates. What do you think the future trend of the U.S. real estate market will be? Welcome to share your opinions in the comment area! Market risk, the investment need to be cautious.