News

Lower prices boost new US home sales; outlook downbeat amid higher mortgages
Sales of new U.S. single-family homes surged to more than a three-year high in April as builders lowered prices to attract ...
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective ...
US existing home sales fall more than expected in March
Home sales dropped 5.9% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said on Thursday morning.
US New Home Sales Surge Amid Price Cuts but Future Remains Uncertain
New single-family home sales surged 10.9% in April to a seasonally adjusted annual rate of 743,000, the highest pace since February 2022, indicating some resilience in buyer demand despite economic ...
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, which it ...
Las Vegas homebuilders’ sales ‘underwhelm’ amid rising prices
Overall, builders closed 850 home sales last month, down 11 percent year-over-year, and sold them for a median price of $529,833, up 8.1 percent from a year earlier. After a buyer signs a sales ...
Home Sales Fell Unexpectedly in April as Prices Inched Higher. Buyers Are Gaining Power.
Previously owned homes were sold in April at a seasonally adjusted annual rate of 4 million, below consensus estimates that ...
Home Depot Sales Fall Short on Weaker Sentiment, Volatility
Home Depot Inc.’s sales came in shy of expectations during the latest quarter, a sign that weakening consumer sentiment and ...