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U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales ...
Sales of previously owned homes are still lower than usual. The annualized rate in May was the lowest since 2009.
Elevated mortgage rates, high prices, and economic jitters are slowing the traditionally busy spring homebuying season.
US existing home sales increased by 0.8% in May to a seasonally adjusted annualised rate of 4.03m, according to the National ...
Sales of existing homes in the United States were tepid in May, according to industry data released Monday, as high mortgage ...
Existing-home sales in March clocked in at a seasonally adjusted annual rate of 4.02 million, 2.4% lower than one year ago and a 5.9% drop compared to February, according to the newest report from ...
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 ...
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