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

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 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 ...

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

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.

Home sales climbed 0.8% last month to a seasonally adjusted annual rate of 4.03 million units, the National Association of Realtors said on Monday. Economists polled by Reuters had forecast home ...

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 ...

Blame stubbornly high mortgage rates and lingering economic anxieties over Trump policies for US housing-market gridlock.

While home sale profits are dipping across the country, certain regions are feeling the pinch more than others.

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 ...