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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 (Reuters) -U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales climbed 0.8% last month to a seasonally adjusted ...
This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.
US existing home sales improved slightly in May, ... Economists had expected a 1.3% drop to a rate of 3.95 million homes. Compared to a year earlier, sales are down 0.7%.
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 ...