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

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.

Price growth fell to the lowest level in two years after the number of homes for sale nearly doubled in 18 months, Attom data ...

Sales of new homes fall 13.7% in May, biggest drop since June 2022; New housing inventory highest since late 2007; Median new house price increases 3.0% to $426,600 from year ago ...

Sales of new US 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 ...

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...

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 ...

The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an ...

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