Real Estate

Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.

Mortgage demand continues to drop as mortgage rates climb to a two-month high. Refinance demand is hit the most, while homebuyers face economic uncertainty.

The four-floor listing at 111 West 57th St. spans 11,480 square feet and is being pitched as a rare collector’s item for global elites.

Mortgage rates moved sharply higher last week, causing a drop in mortgage demand and a surge in homebuyers seeking riskier loans.

Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.

China is one of largest owners of U.S. mortgages. There is growing concern that in retaliation for tariffs the country could sell them, causing rates to rise.

Mortgage demand surged to the highest level since September as Trump's tariff plans caused interest rates to drop. But those rates are now back up.

After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market. Tariffs were behind the volatility.

Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.

Manhattan apartment sales rose 29% in the first quarter, and the total value of apartment sales in the city reached $5.7 billion, up 56%.