New home sales dropped 13.7% to a seasonally adjusted annualized rate of 623,000 units last month, a seven-month low, the Commerce Department's Census Bureau said. The decrease was the biggest ...

WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of unsold houses on the market. New home sales ...

But newly proposed legislation would make some future sales even more lucrative. The No Tax on Home Sales Act, introduced in ...

New home sales surged nearly 11% to a seasonally adjusted annual rate of 743,000 ... Sales of new US single-family homes surged to more than a three-year high in April as builders lowered ...

US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 ...

The government report showed 90% confidence that the change in new-home sales ranged from a 26.8% decline to a 0.6% decline. Originally Published: June 25, 2025 at 12:04 PM PDT Share this: ...

The home sales report showed a slight increase in the number of new houses for sale in May, to the highest level since 2007. That represented 9.8 months of supply at the current sales rate.