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Sales of new U.S. single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of unsold houses on the market. New home sales units dropped 13.7% to a ...
By Nora Eckert and Abhirup Roy DETROIT (Reuters) -Automakers are urging customers to snap up electric vehicles before a ...
This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit ...
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 of unsold houses on the ...
New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold ...
Sales of previously occupied US homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market ...
Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers ...
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 existing homes in the United States fell 5.9% in March, the biggest monthly decline in more than two years.
In the second quarter, the average profit margin for a home sale in Los Angeles dropped below 55 percent, continuing a ...
While price growth has slowed, elevated mortgage rates and rising prices are forcing prospective homebuyers to save more for a down payment. In May, buyers needed an annual income of $91,960 to afford ...
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market ...