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US new home sales slump in April amid higher mortgage rates, prices
R
Reuters
May 28, 2026
Mortgage RatesSource: GNews
Sales of new U.S. single-family homes fell in April as the boost from better weather faded and mortgage rates remained elevated.
WASHINGTON, May 28 (Reuters) - Sales of new U.S. single-family homes fell in April as the boost from better weather faded and mortgage rates remained elevated.
New home sales dropped 6.2% to a seasonally adjusted annualized rate of 622,000 units las... [1873 chars]
Source Reference
Originally published by Reuters
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