The balcony of one of the homes at Barcelona Point, a new luxury home development in Pismo Beach, looks out over Highway 101, ...

Sales of new homes are falling as inventory rises, discouraging builders from starting new construction projects.

Sales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally adjusted, ...

This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit ...

The inventory of unsold homes on the market increased to 507,000 units, the highest level since late 2007, from 500,000 in ...

New home sales dropped 13.7% in May as 7% mortgage rates crushed buyer demand, pushing housing supply to highest level since 2022.

Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising ...

Political Calculations' initial estimate of the total market capitalization of new homes sold in the United States ticked up ...

Weakened buyer demand has caused new-home sales to decline. In May, new-home sales fell by 6.3% year-over-year ...

New home sales retreated in May, experiencing their largest monthly decline in nearly 3 years. Sales were at a seasonally ...

Elevated interest rates and economic uncertainty sent more home buyers to the sidelines in May as housing affordability ...

US purchases of new homes fell in May to a seven-month low as rampant sales incentives fell short of alleviating ...