Sales of existing homes rose just 0.2% in May from April and down over 20% from a year ago.
Share:
More In Business
Used Car Prices Rise Again Due to Unexpected Demand
Despite steady price declines in recent months, used car dealerships are hiking their prices once again.
PepsiCo to Grow Snack Portfolio
PepsiCo to Grow Snack Portfolio
Market Minute: Disney Layoffs, Twitter Glitch and More Bed Bath & Beyond Closures
Here is a rundown of Cheddar News' top trending market stories of the day.
Credit Suisse Sees Major Q4 Loss
Credit Suisse Sees Major Q4 Loss
Wine Makers Find Themselves Plateauing With Gen Z
Wine Makers Find Themselves Plateauing With Gen Z
Afternoon Alexa Flash Briefings of February 9th
Alexa Flash Briefings
Cheddar Afternoon News Briefings of February 9th
Cheddar Afternoon News Briefings
Stocks Fall After Wall Street's Morning Rally Evaporates
Stocks are falling following another mixed batch of profit reports from companies, as rising yields in the bond market up the pressure on Wall Street.
Applications for Jobless Aid Rise Last Week, but Remain Low
More Americans filed for jobless benefits last week, but layoffs remain historically low despite the Federal Reserve’s aggressive interest rate policy intended to cool the economy and bring down inflation.
