The count is based on signed contracts, meaning people out shopping in May, when mortgage rates remained stubbornly high.

Sales of new homes are falling as inventory rises, discouraging builders from starting new construction projects.

New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into ...

US purchases of new homes fell in May to a seven-month low as rampant sales incentives fell short of alleviating ...

New home sales retreated in May, experiencing their largest monthly decline in nearly 3 years. Sales were at a seasonally ...

This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit ...

Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...

Political Calculations' initial estimate of the total market capitalization of new homes sold in the United States ticked up ...

New home sales fell by 16.6% in April from March and were down 26.9% from a year ago, according to a joint report from the US Department of Housing and Urban Development and the US Census Bureau.