【World Property Journal】U.S. New Home Sales Slump in May

Sales of newly built U.S. single-family homes fell sharply in May 2026, underscoring persistent affordability pressures that continue to weigh on the housing market despite builders' efforts to stimulate demand through incentives and price adjustments.

Purchases of new homes declined 7.3% from April to a seasonally adjusted annual rate of 580,000, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. The pace was 6.8% below the level recorded a year earlier, reflecting the continued impact of elevated mortgage rates, stubborn construction costs and cautious consumer sentiment.

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