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This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.
Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...
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 annual rate of 4.03 million ...
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.
Sales of previously occupied US homes fell last year to their lowest level in nearly 30 years. The national median sales price rose 2.7% in March from a year earlier to $403,700, ...
Sales of previously owned US homes fell in March by the most since 2022 as buyers remained constrained by high mortgage rates and prices. Contract closings decreased 5.9% last month to an ...
US home sales in March fell to the lowest level since 2009, dropping 5.9 percent from the previous month, due to high mortgage rates and economic concerns.
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 ...
(Bloomberg) -- US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints.Most Read from BloombergBezos ...
WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising economic uncertainty sapped demand, lifting the supply ...