The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
Read More US consumer confidence retreats slightly; house prices remain elevated
Tag: Freddie Mac
Home Sales Drop For Third Straight Month, Prices Hit Record High
For the third straight month, sales of previously occupied U.S. homes fell in May as increasing mortgage rates and record-high prices discourage many potential homebuyers during what’s typically the housing market’s busiest period of the year.
Read More Home Sales Drop For Third Straight Month, Prices Hit Record High
US new home sales fall more than expected in October
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
Read More US new home sales fall more than expected in October