US new home sales unexpectedly fall in May
Published Wed, Jun 24, 2026 · 10:40 PM Sales of new US single-family homes unexpectedly fell in May, likely as higher mortgage rates and prices continued to…
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Summary
New home sales dropped 7.3 per cent to a seasonally adjusted annualised rate of 580,000 units last month, the Commerce Department’s Census Bureau said on Wednesday (Jun 24). The rate on the popular 30-year fixed-mortgage has increased by about 50 basis points since the conflict started at the end of February, data from mortgage finance agency Freddie Mac showed. Sales of new single-family homes decline to annualized 580,000, while market expected 638,000.
Furthermore, Sales of new single-family homes dropped 7.3% from April to a seasonally adjusted annual rate of 580,000 units. US new home sales fall 7.3% in May, far below expectations.
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New home sales dropped 7.3 per cent to a seasonally adjusted annualised rate of 580,000 units last month, the Commerce Department’s Census Bureau said on Wednesday (Jun 24).
according to The Business Times (SG)The rate on the popular 30-year fixed-mortgage has increased by about 50 basis points since the conflict started at the end of February, data from mortgage finance agency Freddie Mac showed.
according to The Business Times (SG)Sales of new single-family homes decline to annualized 580,000, while market expected 638,000
according to Anadolu AgencySales of new single-family homes dropped 7.3% from April to a seasonally adjusted annual rate of 580,000 units
according to QuartzUS new home sales fall 7.3% in May, far below expectations.
according to Anadolu Agency
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