U.S. new home sales rose at a modest pace in June but remained below sales levels earlier this year, suggesting low mortgage rates and a healthy job market aren't encouraging many more purchases.

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Sales of new U.S. homes increased 4.5% in March, showing their third straight monthly gain as the housing market slowly recovers from a mortgage-rate spike last year that caused homebuying to slump.

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It's the lament of first-time homebuyers in just about every market: There aren't enough entry-level houses that are move-in ready.

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The number of new homes sold in the U.S. plummeted by 8.9 percent in October, even as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009.

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Sales of new U.S. homes plunged by 5.5 percent in September, showing the fourth straight monthly drop as the housing market cools and mortgage rates rise.

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Sales of new U.S. homes climbed 3.5 percent in August, snapping a two-month decline as buying surged in the pricey Northeast and West housing markets.

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Sales of new U.S. houses tumbled 5.3 percent in June and the median sales price also slipped, a possibly ominous sign for the U.S. housing market.

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The number of new houses being sold in the U.S. increased by 6.7 percent in May, driven mostly by purchases in the south.

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Americans stepped up their purchases of new homes at the fastest pace in more than 25 years in November, as sales rose by 17.5 percent amid strong demand and a continued shortage of existing homes on the market.

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Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market.

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