US new home sales plunged unexpectedly last month - CNN
WEB5 days ago · Washington CNN —. Sales of newly built homes dropped last month as mortgage rates remained elevated. New home sales, which make up only about 10% of the market, fell 11.3% in May from the prior ...
May 2024: New Home Sales Fell Despite Easing Mortgage Rates in May …
WEB5 days ago · There were 619,000 (SAAR) new single family-home sales nationwide in May down 11.3% from the revised April rate of 698,000 and 16.5% below the May 2023 estimate, according to the U.S. Census Bureau. The median price of new houses sold was $417,400 down 0.9% from a year ago.
New-Home Sales Fell 11.3% in May - realtor.com
WEB4 days ago · May 2024 New-Home Sales What happened this month. New home sales fell 11.3% in May, dropping from April’s upwardly revised level to a seasonally adjusted annual rate of 619,000 sales.
US new home sales slump; supply at more than 16-year high
WEB5 days ago · Median house price slips 0.9% to $417,400 from year ago. WASHINGTON, June 26 (Reuters) - Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed ...
US home sales fall for the 3rd straight month in May amid rising ...
WEBJun 21, 2024 · Existing home sales fell 0.7% last month from April to a seasonally adjusted annual rate of 4.11 million, the National Association of Realtors said Friday. Sales also fell 2.8% compared with May last year. The latest sales still came in slightly higher than the 4.07 million pace economists were expecting, according to FactSet.
Sales of New Homes Slump 11.3% in May | Economy | U.S. News
WEB5 days ago · The new home sales market is showing signs of strain, as activity fell by 11.3% in May from April, the Census Bureau said on Wednesday. Sales were at an annual rate of 619,000 in May. Prices ...
US Existing-Home Sales Fall a Third Month as Prices Set a Record
WEBJun 21, 2024 · 2:43. Sales of existing homes in the US fell for a third straight month in May while prices set another record, underscoring persistent affordability challenges that hobbled the important spring ...
US home sales fall for the 3rd straight month in May amid rising ...
WEBJun 21, 2024 · Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s ...
New home sales fell in May as mortgage rates weighed down …
WEBNew home sales fell in May as the housing market suffered higher mortgage rates. New home sales fell 11.3% from April to a seasonally adjusted annual rate of 619,000, according to a Wednesday ...
US Existing Home Sales Fall in May as Prices Hit Record High, …
WEBJun 21, 2024 · WASHINGTON (Reuters) - U.S. existing home sales fell for a third straight month in May as record high prices and a resurgence in mortgage rates sidelined potential buyers from the market.
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