US home sales fell in April for the second month in a row and home prices had the biggest drop since 2012, according to a National Association of Realtors report released Thursday.

New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.

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

2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach Elevated mortgage rates, rising home prices and a low level of properties on the market kept many ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers. Existing home sales rose 4.2% ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market ...

Washington (CNN) — Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed home buyers.

LOS ANGELES — Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few ...

Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market ...