Latest Home sales News

New home sales jumped 14% in September

Oct. 26, 2021 11:32 AM EDT

WSHINGTON (AP) — Sales of new homes jumped 14% in September to the fastest pace in six months as strong demand helped offset rising prices. The Commerce Department reported Tuesday that sales of new single-family homes rose to a seasonally adjusted annual rate of...

This Week: New home sales, Apple earns, consumer spending

Oct. 25, 2021 01:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BAROMETER The Commerce Department serves up its September tally of new U.S. home sales Tuesday. Economists project that sales...

Pace of home sales slows in Maine, but prices still surge

Oct. 21, 2021 14:42 PM EDT

PORTLAND, Maine (AP) — The pace of home sales slowed slightly in Maine last month, but home prices continued an upward surge. Sales decreased by a little less than 10% in September, but prices went up nearly 17%, the Maine Association of Realtors said. Buyers are...

Existing home sales surge as interest rates point higher

Oct. 21, 2021 11:50 AM EDT

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines. The National Association of Realtors said Thursday that existing homes sales rose 7%...

Rhode Island single-family home sales slow in 3rd quarter

Oct. 20, 2021 10:32 AM EDT

WARWICK, R.I. (AP) — The median price of a single-family home in Rhode Island continued to rise in the third quarter, even though the number of sales slowed down, the Rhode Island Association of Realtors said Wednesday. The median price of single-family homes sold in...

This Week: Tesla earns, US home sales, AmEx earns

Oct. 18, 2021 01:14 AM EDT

A look at some of the key business events and economic indicators upcoming this week: CHARGED UP Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict the electric vehicle maker will report Wednesday...

Maui median home price below $1M as homebuyers hit pause

Oct. 11, 2021 16:46 PM EDT

WAILUKU, Hawaii (AP) — The median sales price of a single-family home in Maui County dropped below $1 million last month as people priced out of the market have chosen to pause their home buying. The Maui News reported Monday the median sales...

Record July jump in US home prices, sidelining more buyers

Sep. 28, 2021 09:33 AM EDT

WASHINGTON (AP) — U.S. home prices soared in July by a record amount from a year earlier as buyers desperate for homes bid up prices amid a limited supply. The S&P CoreLogic Case-Shiller 20-city home price index surged 19.9% in July compared with a year ago, the...

Pending home sales, CarMax earns, consumer spending

Sep. 27, 2021 00:15 AM EDT

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BAROMETER Economists expect that contract signings on U.S. homes slowed in August for the third straight month. They project the...

New homes sales rise for second straight month in August

Sep. 24, 2021 10:39 AM EDT

SILVER SPRING, Md. (AP) — Sales of new homes in the U.S. rose modestly in August as rising prices continue to sideline potential buyers. Sales of new homes last month rose 1.5%, the Commerce Department reported Friday, reaching a seasonally adjusted annual rate of...