New home sales slump to six-month low
There were 481,000 available homes on the market in May, data showed, even as many would-be sellers choose to stay in place to keep the record-low mortgage rates they secured...
New home mortgage applications increase amid FHA borrower growth
MBA estimated that new single-family home sales reached a seasonally adjusted annual rate of 702,000 units in May, the strongest pace since October 2023. A key driver of this growth...
New home sales fall below expectations
INSERT NEW HOME SALES CHART “The new-home market had been a relative bright spot in housing, but a variety of factors have converged to sap its momentum,” said Odeta Kushi...