News

Government data on Wednesday showed new home sales surged to a six-month high in March, with the median price declining as builders offered incentives to reduce inventory, currently at levels last ...
US new-home sales rose unexpectedly in April to the highest level since February 2022, likely helped by builder incentives aimed at alleviating affordability challenges. Purchases of new single ...
With sales being weak, the inventory of existing homes increased 9.0% to 1.45 million units in April. Supply soared 20.8% from a year ago. An oversupply of new homes on the market could pull ...
WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell less than expected in August and could regain momentum in the months ahead as declining mortgage rates and house prices stimulate ...
New-home sales retreated last month while median prices at the national level eased slightly on a sequential basis, US government data showed Wednesday. Single-family home sales declined about 11% ...
US Home Sales Fall for the 3rd Straight Month in May Amid Rising Mortgage Rates, Record-High Prices LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in May for the third straight ...
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% ...
Homebuilders with unsold inventory are feeling the pinch of high mortgage rates — and it’s showing up in new-home sales data. The U.S. Census Bureau’s new-home sales report for May shows ...
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 ...