U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates.

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

While existing home sales aren't measured in GDP, many of the things which come along with it are, and those are likely to ...

WASHINGTON (Reuters) -U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales climbed 0.8% last month to a seasonally adjusted ...

(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 ...

New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.

Sales of existing homes in the United States were tepid in May, according to industry data released Monday, as high mortgage rates weighed on the market.

New-home sales are seen as a more timely measurement than purchases of existing homes, which are calculated when contracts close. However, the data are volatile.

California remained the top choice for Chinese buyers, attracting 36% of purchases, followed by Maryland and New York, each ...

US existing home sales improved slightly in May, a small sign of life for a housing market that’s been rocked by high mortgage rates and growing economic uncertainty.

New-home sales drop by most since 2022 on poor affordability Subscribers are entitled to 10 gift sharing articles each month. These can be shared with friends and family who are not subscribers.

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 ...