New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.

Existing home sales fall 0.5% in April; Median house price rises 1.8% to $414,000 from year ago ...

WASHINGTON (Reuters) -U.S. existing home sales unexpectedly fell in April despite a temporary drop in mortgage rates and increased supply, and could remain lackluster this year amid rising ...

New home sales dropped 13.7% to a seasonally adjusted annualized rate of 623,000 units last month, a seven-month low, the Commerce Department's Census Bureau said. The decrease was the biggest ...

New home sales units dropped 13.7% to a seasonally adjusted annualized rate of 623,000 units last month, the Commerce Department's Census Bureau said on Wednesday.

US pending home sales fall sharply in April. By Reuters. May 29, 2025 2: ... A drone shows a view of new single family home construction in San Diego , California, U.S., March 25, 2025 ...

New home sales surged 10.9% to a seasonally adjusted annual rate of 743,000 units last month. AP The median new house price dropped 2.0% to $407,200 in April from a year earlier.

The much-anticipated spring home-buying season never bloomed. In truth, it hardly even budded. Now, housing market ...

The home sales report showed a slight increase in the number of new houses for sale in May, to the highest level since 2007. That represented 9.8 months of supply at the current sales rate.

US Pending Home Sales Fall Sharply in April. More. Reuters. A drone shows a view of new single family home construction in San Diego, California, U.S., March 25, 2025. REUTERS/Mike Blake/File Photo.

Economists polled by Reuters had forecast new home sales, which make up about 15.7% of US home sales, declining to a rate of 693,000 units.