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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.
This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.
Price growth fell to the lowest level in two years after the number of homes for sale nearly doubled in 18 months, Attom data ...
The US dollar rose against the G10 currencies and most emerging market currencies last week. The dollar dropped precipitously ...
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, ...
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 mid-January. The 30-year rate’s low point this year was in early April when ...
Across the Huntsville area, there are now more homes are on the market than last year. Curtis said that brings a balanced ...
Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made ...
The bulk of sales, as usual, was generated by game content, which rose 2% to $3.73B for the month. The growth was led by a 29 ...
Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers. A ...
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held back ...
(Bloomberg) -- US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints.Most Read from BloombergBezos ...