US new-home sales rose unexpectedly in April to the highest level since February 2022 on a surge in the South and Midwest.

The financial rationale to move forward with projects is no longer penciling out,” a trade group warns as contractors face shifting cost estimates and skittish homebuyers.

Existing home sales in the US declined 5.9% month-on-month in March ... The figure was lower than estimates of 4.14 million, while the February figure was slightly revised up to 4.27 million.

Sales of previously occupied US homes fell last year to their lowest level in nearly 30 years. The national median sales price rose 2.7% in ... an 8.1% increase from February, NAR said.

Here are the main takeaways from the Commerce Department report released Wednesday: --Sales of new single-family homes rose 7.4% to 724,000 from 674,000 in February. --Sales had been expected to ...

The sales pace for February was revised down to a rate of 674,000 units from the previously reported 676,000 units. Economists polled by Reuters had forecast new home sales, which make up about 14 ...

Newly released data from Realtor.com for February shows that potential buyers and sellers in Chatham County saw slightly ...

WASHINGTON, April 24 (Reuters) - U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an ...

Looking only at single-family homes, the $199,000 median selling price in Sangamon County was up 17.1% in February from ...