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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 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 ...
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.
Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers.
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 ...
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 ...
US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 ...
WASHINGTON (Reuters) -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 ...