Sales slip in June: Existing-home sales fell 2.4% from May to a 4.09 million annual rate, with declines in most regions except the Northeast. Prices hit record high: The median sales price rose 1.8% ...

US existing home sales fell 1.7% in July to 4.06 million units as mortgage rates near 6.54% and median prices hit $434,100, squeezing first-time ...

US existing home sales unexpectedly fell in June as house prices hit a record high and mortgage rates remained elevated, pushing potential buyers to the sidelines. Home sales dropped 2.4% last month ...

Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective homebuyers. Existing home sales ...

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WASHINGTON, July 9 (Reuters) - U.S. existing home sales unexpectedly fell in June as house prices hit a record high and mortgage rates remained elevated, pushing potential buyers to the ‌sidelines.

The US housing market is headed for its weakest year in over a decade, with home sales on track to fall to their lowest levels since 2011.

CNBC’s Diana Olick breaks down the newest housing data.