A second straight decline in purchases of new U.S. homes, combined with downward revisions for prior months, show a tepid market as results begin to be clouded by the fallout from Hurricanes Harvey and Irma, according to government data Sept. 26.

An unexpected decline in sales of previously owned U.S. homes last month to the lowest level since August 2016 indicates rising prices and lean inventories are impeding faster growth in the housing market, National Association of Realtors data showed on Aug. 24. The July figure was depressed by weakness in the Midwest and Northeast.

A decline in U.S. purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported, according to government data Aug. 23.

A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released July 31 showed.

The U.S. housing market is stabilizing near 10-year highs, according to government data July 26 that showed sales of new homes were slightly less than forecast.

A slowdown in sales of previously owned U.S. homes shows how lean inventories are keeping prices elevated and limiting purchasing options, National Association of Realtors data showed July 24.

Housing demand unexpectedly weakened for a second month across most U.S. regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season, according to National Association of Realtors figures released May 31.