Sales of previously owned homes unexpectedly rose in May, but the spring selling season is still far from normal. Blame mortgage rates, says the chief economist of the industry’s largest trade ...

The drop in existing-home sales counters the positive numbers in new-home sales announced this week. New homes sold at an annual rate of 724,000 in March, a 6% rise compared to the same month in 2024.

U.S. existing home sales last year dropped to their lowest level since 1995. Hotspots ranked Start the day smarter ... US existing home sales in 2024 drop to lowest level since 1995.

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 ...

Existing-home sales in the US slumped to one of the slowest paces since 2010 in June, as sellers wait for mortgage rates to fall further and buyers balk at stubbornly high prices.

Home resales, which account for a large portion of U.S. housing sales, dropped 4.2% on a year-on-year basis in August. The median existing home price increased 3.1% from a year earlier to $416,700 ...

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

WASHINGTON (Reuters) -U.S. existing home sales unexpectedly fell in April despite a temporary drop in mortgage rates and increased supply, and could remain lackluster this year amid rising ...