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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 ...
Sales of existing homes in the United States fell 5.9% in March, the biggest monthly decline in more than two years.
Home sales in March declined by the most since 2022 as stubbornly high mortgage rates and house prices kept buyers on the sidelines. Sales of previously owned homes in March dropped 5.9% from the ...
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 previously owned US homes fell in March by the most since 2022 as buyers remained constrained by high mortgage rates and prices.
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 ...
(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 ...