Posted on October 31, 2020 by Eileen BeckNew home sales drop 3.5% in September CNBC’s Rick Santelli and Diana Olick take a look at the latest new home sales numbers for the month of September. Related posts: What are the Biggest Real Estate Markets in the US and Why are they Successful When Other Markets are Not? Homebuyer demand may have peaked as mortgage applications eke out a weekly gain There was a surprise drop in September home sales as buyers were priced out September existing home sales jump 9.4%, but ‘prices are rising too fast’ as supply remains tight