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Posts published in “median sales price”

Mortgage rate woes undercut June new home sales

Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the…

New-home sales plunge 10.5%, fall below expectations

Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and…

New home sales hit 4-month low

New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new…