Contracts to buy U.S. previously owned homes fell more than expected in April as rising mortgage rates and economic uncertainty weighed on demand. The National Association of Realtors (NAR) said on ...

Buyers are enjoying increased leverage in the housing market as more homes sit available, which is helping push prices lower.

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 ...

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 ...

The National Association of Realtors (NAR) said on Thursday that its Pending Home Sales Index ... MORTGAGE RATES FALL FOR FIFTH WEEK IN A ROW, HOVER NEAR 7% Mortgage rates ranged from 6.91% ...

Some experts suspect elevated mortgage rates are to blame as even growing inventory in some markets is failing to bring buyers back.

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 ...

The inventory of existing homes jumped 8.1% to 1.33 million units in March. Supply shot up 19.8% from a year ago. The median existing home price increased 2.7% from a year earlier to $403,700 in ...

WASHINGTON (Reuters) - U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates and house prices stifled demand. Home sales ...