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

This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.

The slowest sales pace for any April in 16 years indicates the spring selling season is shaping up as a bust.

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 ...

The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...

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 ...

Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers ...

(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 ...

WASHINGTON (Reuters) -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 ...