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 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 ...

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 new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...

As home sales have slowed, properties are taking longer to sell. That’s led to a sharply higher inventory of homes on 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 ...

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.

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 ...

In the second quarter, the average profit margin for a home sale in Los Angeles dropped below 55 percent, continuing a ...

WASHINGTON (AP) — Retail sales fell sharply in May as consumers pulled back after a ... Sales dropped 2.7% last month at home and garden centers, 0.6% at electronics and appliance stores, and 0.7% at ...