Sales of previously owned homes unexpectedly rose in May, but the spring selling season is still far from normal. Blame mortgage rates, says the chief economist of the industry’s largest trade ...

The drop in existing-home sales counters the positive numbers in new-home sales announced this week. New homes sold at an annual rate of 724,000 in March, a 6% rise compared to the same month in 2024.

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 ...

This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit ...

WASHINGTON (Reuters) -U.S. existing home sales unexpectedly fell in April despite a temporary drop in mortgage rates and increased supply, and could remain lackluster this year amid rising ...