SALES of new US single-family homes fell unexpectedly in December, likely held down by a shortage of more affordable homes, but lower mortgage rates supported the overall housing market.

[WASHINGTON] Sales of new US single-family homes unexpectedly fell in December, likely held down by a shortage of more affordable homes, but the housing market remains supported by lower mortgage...

SALES of new US homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices keep buyers out of the market.

HONG Kong's new-home sales cooled, another sign of weakness in a property market that may be at risk of a correction....