Housing Industry Association stated that in June 2020, New Home Sales grew up by 77.6% from the record low in May 2020. New Home Sales were at the lowest level on record in March and it continued to decline in April and May.
However, the improvement in June indicates that the HomeBuilder program is working, to differing levels in each jurisdiction. The Government’s announcement of the HomeBuilder program has provided confidence in the market improve.
Penny stocks have been known to attract investors who are looking for explosive gains and it is possible to get lucky with these typically speculative investments. Just as the name suggests, penny stocks trade at low prices and are common shares of small public companies.
Get an exclusive insight into the features of penny stocks along with their pros and cons. Read about what you should be wary about when figuring out ways to invest in them, so that the possibility for big rewards does not tend to outweigh the risks.