Sales of previously owned homes in the United States dropped in July, industry data released on Tuesday showed, as high mortgage rates -- and fears of further rate hikes -- weighed on activity.
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Foreign buyers are significantly reducing their US residential real estate purchases. Sales of existing homes to ...
WASHINGTON, Aug 11 (Reuters) - U.S. existing home sales fell for a second straight month in July as higher mortgage rates and house prices because of tight supply pushed out potential buyers from ...
US Home Prices Hit an All-Time High as Sales Slow and Mortgage Rates Rise Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding ...
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 ...
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CNBC’s Diana Olick breaks down the newest housing data.
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.
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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