Might residence gross sales enhance very barely, however costs hit one other file excessive

Might residence gross sales enhance very barely, however costs hit one other file excessive

Sales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of Realtors. Housing analysts had been predicting a 1% decline. Sales were 0.7% lower than May of last year. Sales were strongest in the Northeast, up … Read more

If U.S.-China talks go nicely, S&P may hit new excessive

If U.S.-China talks go nicely, S&P may hit new excessive

U.S. Treasury Secretary Scott Bessent (center) at Lancaster House in London, U.K., on Monday, June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. At the top … Read more