Home sales dropped 5.9% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said on Thursday morning.

High mortgage rates are also keeping aspiring homebuyers on the sidelines. In April, the average 30-year fixed-rate mortgage was 6.73 percent, up from 6.65 percent in March but down from 6.99 percent ...

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on ...

WASHINGTON, April 24 (Reuters) - U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an ...

The median existing home price increased 2.7% from a year earlier to $403,700 in March. At March's sales pace, it would take 4.0 months to exhaust the current inventory of existing homes, up from ...