New-home sales plunge 10.5%, fall below expectations
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
by Richelle Hammiel Feb 26
December home prices extend decade-long growth streak
The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5% and 3.9%, continuing a streak of quarterly appreciation since 2012
by Richelle Hammiel Feb 25
Existing-home sales dropped 0.7% in July, extending 4-month decline
Existing-home sales dropped 0.7% in July thanks to inventory shortages and bustling home price growth
by Marian McPherson Aug 22
January existing-home sales drop 3.2%, the largest decline since 2014
Continued inventory shortages are to blame for the two-month slump
by Marian McPherson Feb 21