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.

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 homes fell 13.7% to 623,000 in May amid continued concerns over high mortgage costs.

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

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 ...

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

A buildup of unsold houses sitting on the market for weeks is becoming a new reality in once-booming housing areas across the ...

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

Sales of newly built single-family homes declined 13.7% in May on elevated interest rates and economic uncertainty, said NAHB ...