News & Resources
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U.S. New Home Sales Fell for Second Straight Month in May
WASHINGTON—Americans purchased fewer new homes in May, a sign the housing sector remains on uneven footing. Purchases of newly built single-family homes decreased 7.8% to a seasonally adjusted annual rate of 626,000 in May, the Commerce Department said Tuesday. It was...
U.S. Existing-Home Sales Rose in May
WASHINGTON—Sales of previously owned homes rose in May, a sign that falling mortgage rates could be nudging the housing market toward a modest spring performance after a sluggish start to this prime selling season. Sales rose 2.5% in May from the prior month to a...