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This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit ...
Sales of new U.S. single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the ...
Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...
Existing home sales fell 2.5% last month, from July, to a seasonally adjusted annual rate of 3.86 million, the National Association of Realtors said Thursday.
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...
(Reuters) -German carmaker Mercedes-Benz said on Monday its second-quarter unit sales of cars and vans fell 9%, citing the ...
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 ...
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.
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 ...
Austin-area homebuilders saw a robust late spring rebound as new home sales in May climbed nearly 14% over April, according ...
WASHINGTON (AP) — Retail sales fell sharply in May as consumers pulled back after a ... Sales dropped 2.7% last month at home and garden centers, 0.6% at electronics and appliance stores, and 0.7% at ...
US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating ...