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.

Existing U.S. home sales hit their lowest annualized rate for April since 2009. Why it matters: Lower consumer sentiment and elevated mortgage rates are exerting pressure on the housing market. The big picture: Sales fell 0.

On Thursday, May 22, 2025, the Indiana Fever will face off against the Atlanta Dream in a rematch of their bout from May 20, 2025, when the Dream won 91-90 in an instant classic. Ahead of tonight's showdown, Fever star Caitlin Clark was asked if Kansas City Chiefs star tight end Travis Kelce and ...