By Nora Eckert and Abhirup Roy DETROIT (Reuters) -Automakers are urging customers to snap up electric vehicles before a ...

Polestar reported a surge in second-quarter sales on Thursday, bolstered by strong demand for its electric vehicles in its ...

Canada’s reluctant rally is now unlikely to come before fall, after home prices “flatlined” during what is normally the ...

WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising economic uncertainty sapped demand, lifting the supply ...

New home sales dropped 13.7% to a seasonally adjusted annualized rate of 623,000 units last month, a seven-month low, the Commerce Department's Census Bureau said.

New home sales, which are counted at the signing of a contract, are volatile on a month-to-month basis and subject to big revisions. They decreased 6.3% on a year-on-year basis in May.

WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of unsold houses on the market.

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