Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Home sales rise 5.9% in June as mortgage costs drop, signaling a potential market recovery.

Market News
07 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

In June, U.S. home sales increased by 5.9% year-over-year, reversing a decline seen in May, driven by lower mortgage rates that reduced typical monthly payments by 2.5%. New listings grew 3% annually, though total inventory growth slowed to the smallest increase since December 2023. Home values rose modestly by 1.1% from last year, with affordability improving especially in lower-priced tiers. This trend suggests a mild recovery in the housing market as buyers respond to better financing conditions and increased listing activity.

More News (Z)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App