Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...

Sales of new U.S. single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of unsold houses on the market. New home sales units dropped 13.7% to a ...

Sales of previously occupied US homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market ...

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

New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold ...

Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers ...

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 economic slowdown because of tariffs sap ...

While existing home sales were down in every region, the West saw the biggest decline, a 9.4% fall from February, but the annual rate of 770,000 sold was up 1.3% from March 2024.

While home sale profits are dipping across the country, certain regions are feeling the pinch more than others.

In the second quarter, the average profit margin for a home sale in Los Angeles dropped below 55 percent, continuing a ...