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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 ...
The trade group believes consumers are wary because of tariffs, although one analysis suggests import taxes haven't yet had a ...
US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 ...
New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold ...
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 ...
Sales of existing homes in the United States fell 5.9% in March, the biggest monthly decline in more than two years.
Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers ...
In the second quarter, the average profit margin for a home sale in Los Angeles dropped below 55 percent, continuing a ...
While price growth has slowed, elevated mortgage rates and rising prices are forcing prospective homebuyers to save more for a down payment. In May, buyers needed an annual income of $91,960 to afford ...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company.
WASHINGTON (AP) — Retail sales fell sharply in May as consumers pulled back after a ... Sales dropped 2.7% last month at home and garden centers, 0.6% at electronics and appliance stores, and 0.7% at ...
This surge in the number of homes for sale is putting significant downward pressure on home prices, which some experts now expect to fall by the end of the year. A home is seen for sale on April 24, ...
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