US Home-Purchase Applications Fall by Most Since Early April

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US New-Home Sales Declined in April, Restrained by High RatesPurchases of new homes in the US declined last month as buyers were deterred by high prices and mortgage rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high pricesWASHINGTON (AP) — High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April from a revised 4.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »