Sales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally adjusted, ...

New home sales dropped 13.7% in May as 7% mortgage rates crushed buyer demand, pushing housing supply to highest level since 2022.

The inventory of unsold homes on the market increased to 507,000 units, the highest level since late 2007, from 500,000 in ...

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

Weakened buyer demand has caused new-home sales to decline. In May, new-home sales fell by 6.3% year-over-year, and 13.7% ...

Political Calculations' initial estimate of the total market capitalization of new homes sold in the United States ticked up ...

US purchases of new homes fell in May to a seven-month low as rampant sales incentives fell short of alleviating ...