Macroeconomic

Investors snapping up US homes at record levels With condence in the housing market and low mortgage interest rates, US. investors are buying new and existing homes at a record high rate. Source: Fox News. August 8, 2019 Where do newhome sales appear in the circular ow of expenditure and income? How does a surge in new home sales affect real GDP? New home sales appear in the category of the US. National Income and Product Accounts. New home sales _ O A. investment; and existing-home sales increase GDP and overall home sales greater this year than last year make the increase in GDP greater than the previous year . consumption expenditure; do not change real GDP . investment; increase GDP and the surge in new home sales this year make the increase in GDP greater than the previous year . consumption expenditure; increase real GDP . investment; do not change real GDP