May 2024: New Home Sales Fell Despite Easing Mortgage Rates in May …
WEBJun 26, 2024 · 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
WEBJun 26, 2024 · 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. New home sales were 16.5% below their May 2023 pace as ...
US new home sales plunged unexpectedly last month - CNN
WEBJun 26, 2024 · New home sales, which make up only about 10% of the market, fell 11.3% in May from the prior month, to 619,000, according to government data released Wednesday. That was the steepest...
US new home sales slump; supply at more than 16-year high
WEBJun 26, 2024 · Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand, offering more evidence that the housing market recovery was...
New home sales plunge in May, falling to lowest level in six …
WEBJun 26, 2024 · Sales of newly built homes fell 11.3% to an annual rate of 619,000 in May, from a revised rate of 698,000 in the previous month, the Commerce Department said Wednesday.
Sales of New Homes Slump 11.3% in May | Economy | U.S. News
WEBJun 26, 2024 · 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.
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.
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.
Record high prices, rising mortgage rates depress US home sales
WEBJun 21, 2024 · Median house prices rises 5.8% to record $419,300. Business activity edges up in June; inflation eases. WASHINGTON, June 21 (Reuters) - U.S. existing home sales fell for a third straight month in ...
US Home Sales Crumble in May on Higher Rates and Record …
WEBJun 14, 2024 · Home sales fell 1.7% month-over-month in May on a seasonally adjusted basis and dropped 2.9% from a year earlier, while median home sale price rose to a record high of $439,716, up 1.6%...
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