Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...

102K completed homes for sale = 2.0 months; 274K homes under construction = 5.3 months ; 100K homes not started yet = 1.9 months; Today’s new home sales report isn’t a surprise, but it isn’t ...

New U.S. home sales surge in June to strongest rate in 13 years New home sales rise to 776,000 rate, above prior cycle-high of 774,000 recorded in January Published: July 24, 2020 at 10:57 a.m. ET ...

New home sales missed estimates, showing that demand isn’t crashing but not growing much either.However, we need to keep an eye on the housing construction data in this report because it has ...

New Home Sales, published monthly by the United States Census Bureau, ... Boom and Bust Cycle: Definition, How It Works, and History. Is AI Coming for Your Job? Here's How to Tell.

New home sales increased 4.1% to a seasonally adjusted annual rate of 683,000 units last month, the highest level since March 2022. March's sales pace was revised lower to 656,000 units from the ...

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 ...

Meanwhile, new home sales are ticking higher. In April, new homes sold at a seasonally adjusted annual rate of 743,000, up more than 10% from the prior month.

New home sales tumbled 12.6 percent in July, reporting a new record low after reaching their lowest level since April 2020 last month, according to data released on Tuesday by the Census Bureau.

The residential real estate market tumbled in 2023, as soaring interest rates steadily slowed sales activity — but home prices still hit a record high. The median home sale price in 2023 was ...

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 ...

In April, the median sale price of a new home was $407,200, about $7,000 less than that of an existing home. “New home prices generally carry about a 10%, 15% or 20% premium above existing home ...