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Sales of new U.S. single-family homes surged to more than a three-year high in April as builders lowered prices to attract buyers, but rising mortgage rates and economic uncertainty remained headwinds for the housing market.
Home sales in April fell, as consumers faced high house prices and growing concern over the economy and employment. "Home sales have been at 75% of normal or pre-pandemic activity for the past three years,
2don MSN
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.
McDonald's is closing its line of CosMc's drink shops after less than three years. McDonald's reported lagging sales earlier this month.
The slowest sales pace for any April in 16 years indicates the spring selling season is shaping up as a bust.
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US new-home sales rose unexpectedly in April to the highest level since February 2022, likely helped by builder incentives aimed at alleviating affordability challenges.
Sales of existing homes slowed in April compared to March, as rising prices and high mortgage rates put a damper on demand.
Home sales fell in April, as mounting economic uncertainty and steep housing costs pushed buyers away for a second straight month. Existing-home sales fell 0.5% from March to a seasonally adjusted annual rate of 4 million.
Small and mid-sized publicly traded companies posted their strongest sales in over two years, driven by a weaker dollar and pre-tariff stockpiling. Yet, investors remain wary that the momentum may not last.