The new-home sales figure exceeded expectations on Wall Street. Economists surveyed by Dow Jones Newswires and the Wall ...
Such so-called pending sales are an indicator of future closings and the most current indicator of activity in the market.
Home sales skidded to a fresh low in 2024 as high mortgage rates and property prices kept buyers and sellers on the sidelines of the housing market. Americans sold 4.06 million previously ...
Homebuilder inventory is at its highest level in years, a trend real estate experts say could signal a coming recession.
New home sales rose at a seasonally adjusted annual rate of 698,000, good for a 6.7% rise year over year and 3.6% higher than ...
Extreme weather – from wildfires in California to the freezing cold temperatures and snow in Northeast, Midwest and South – ...
The Florida Realtors year-end report showed a 10.5% drop in condo sales following increased special assessment and hiked ...
New-home sales ticked up last year, defying high mortgage rates and waning home-buying demand. But that increase came at a cost. Sales of newly built homes in the U.S. rose 3.6% in December ...
Economists surveyed by Dow Jones Newswires and the Wall Street Journal had forecast new-home sales to drop to a 671,000 pace in December. New-home prices fall in 2024 The uptick in sales came as ...
At $407,500, the median price for all of 2024 marked a new record. It would take 3.3 months to exhaust the available supply of homes on the market if sales continued at December’s pace.