Nov 12, 2023, 1:00 am EST Home prices keep going up, defying mortgage rates at 23-year highs and a housing market that hasn’t been this unaffordable since the…
Read more Home Prices Could Come Down. What It Would Take for an Ugly Slide.By Joe Hoppe The average house price in the U.K. fell 1.9%, or 7,012 pounds ($8,938) in the month to August 12–the biggest fall in asking prices in…
Read more UK House Prices Fell at Fastest Rate on Month Since 2018The housing market may feel out of whack to home buyers coping with fast-rising home prices and 7% mortgage rates. But like it or not, the housing market…
Read more ‘There’s nothing in the data that shows prices crash’: America’s housing market is showing remarkable resilienceIf you’re a retiree and you’re trying to square the circle of rising costs, longer lifespans, more expensive medical care and turbulent markets, don’t be afraid to run…
Read more With house prices this high, boomers may want to become rentersData on the U.S. consumer and housing market, plus several notable earnings reports, will be this week’s highlights. Barring any surprises, federal financial regulators’ Congressional testimony will be…
Read more Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This WeekThe numbers: The S&P CoreLogic Case-Shiller 20-city house price index fell 0.5% in October, its fourth monthly decline. Year-over-year prices rose rose 8.6%, slowing from 10.4% in the…
Read more U.S. home prices fall for fourth month in October as high mortgage rates biteThe Federal Reserve still has a chance to meet both of its main goals — strong economic growth and stable prices — but time is running out to…
Read more What NASA knows about soft landings that the Federal Reserve doesn’tThe U.S. stock market benchmark rebounded from a steep loss on the day when the government published hot inflation numbers. The S&P 500 Index ended Thursday with a…
Read more Weekend reads: The Federal Reserve gets a lot of flak for inflation, but it has actually hit its target recentlyThis week Freddie Mac said the average interest rate on a 30-year mortgage loan in the U.S. had climbed to 6.70% from 6.29% the week before and 6.02%…
Read more Weekend reads: What to expect now for home prices, stocks and bonds
