News

Lower prices boost new US home sales; outlook downbeat amid higher mortgages
Sales of new U.S. single-family homes surged to more than a three-year high in April as builders lowered prices to attract ...
US existing home sales fall more than expected in March
Home sales dropped 5.9% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said on Thursday morning.
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Existing home sales dropped 0.5% last month from March to a seasonally adjusted annual rate of 4 million units, the National ...
South Florida residential sales plunge in April, as inventory surges
Residential sales and dollar volume dropped across South Florida last month, as the slowdown continues in the tri-country ...
Las Vegas homebuilders’ sales ‘underwhelm’ amid rising prices
Overall, builders closed 850 home sales last month, down 11 percent year-over-year, and sold them for a median price of $529,833, up 8.1 percent from a year earlier. After a buyer signs a sales ...
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, which it ...
Home Sales Fell Unexpectedly in April as Prices Inched Higher. Buyers Are Gaining Power.
Previously owned homes were sold in April at a seasonally adjusted annual rate of 4 million, below consensus estimates that ...
Home Depot Sales Fall Short on Weaker Sentiment, Volatility
Home Depot Inc.’s sales came in shy of expectations during the latest quarter, a sign that weakening consumer sentiment and ...