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Sales of new homes sank in May amid continued concerns over high mortgage costs. Here are the main takeaways from the ...
This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit ...
The inventory of unsold homes on the market increased to 507,000 units, the highest level since late 2007, from 500,000 in ...
Political Calculations' initial estimate of the total market capitalization of new homes sold in the United States ticked up ...
Elevated interest rates and economic uncertainty sent more home buyers to the sidelines in May as housing affordability ...
Sales of new homes plunged in May as buyers continued to stay away from the market, even as builders threw discounts and ...
U.S. new home sales fell sharply in May as high rates and economic uncertainty reduced affordability, driving buyer sentiment and builder confidence lower.
New-home sales in May dropped 6.3% year over year and 13.7% compared to April, the largest monthly decline since May 2022.
US purchases of new homes fell in May to a seven-month low as rampant sales incentives fell short of alleviating ...
Sales of newly built single-family homes declined 13.7% in May on elevated interest rates and economic uncertainty, said NAHB ...