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U.S. pending home sales stay near record low despite modest pickup in September
[ad_1] The numbers: U.S. pending home sales rebounded in September but remain near a record low as high mortgage rates and low inventory continue…
Tag: homeprices
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U.S. home sales fell in September to the lowest level since the Great Recession
[ad_1] The numbers: Home sales in September fell to the lowest level since 2010, as high mortgage rates continue to hammer the housing market.…
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U.S. housing starts drop to lowest level since June 2020
[ad_1] The numbers: Construction of new U.S. homes fell 11.3% in August — falling short of Wall Street expectations — as builders scaled back…
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How the U.S. housing market got stuck in the ’80s
[ad_1] The Federal Reserve’s inflation fight has been particularly brutal for anyone not already a U.S. homeowner before interest rates and mortgage rates rose…
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Home buyers flee the housing market as mortgage rates surge to the highest level since 2000
[ad_1] The numbers: Mortgage rates rose for the fourth week in a row to the highest level since 2000, as the economy continues to…
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Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession
[ad_1] With mortgage rates firmly above 7%, homeownership has become much more expensive. But will rates go even higher? Three experts told MarketWatch that…
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‘The housing recession is over,’ real-estate group says, as pending home sales tick up for the first time in 4 months
[ad_1] The numbers: Home sales inched up for the first time in four months, even as the U.S. housing market continues to deal with…
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‘There’s nothing in the data that shows prices crash’: America’s housing market is showing remarkable resilience
[ad_1] The housing market may feel out of whack to home buyers coping with fast-rising home prices and 7% mortgage rates. But like it…
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With house prices this high, boomers may want to become renters
[ad_1] If you’re a retiree and you’re trying to square the circle of rising costs, longer lifespans, more expensive medical care and turbulent markets,…
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Construction spending inches up, showing signs of a recovery in housing
[ad_1] The construction industry posted a slight gain in May as companies and the government increased spending on projects across the U.S. Spending on…
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Mortgage rates fall to lowest level in six weeks
[ad_1] The numbers: Mortgage rates slide down to the lowest level in six weeks as consumers feel uncertain about the state of the U.S.…
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U.S. existing-home sales fall for the eleventh straight month in December
[ad_1] The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.02 million in December, the National Association of Realtors…
Breaking News
Home builders sentiment index falls for record tenth month in a row in October. Home builders say the ‘situation is unhealthy and unsustainable.’
[ad_1] The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on…