Home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market.
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U.S. Housing Starts Rise ‘Unexpectedly’ for the Second Straight Month
Housing starts rose to a 1.37 million annual pace from 1.35 million in October, the government said Friday.
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Reassessing the ‘Amazon Effect’ on Home Prices in One U.S. Metro Area
Amazon’s so-called HQ2 stoked fears that home prices would soar in the suburbs of Northern Virginia. A new study examines the impact.
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Mortgage Rates Register Sharpest Drop in Over a Year Amid Signs of a Weakening U.S. Economy
Mortgage rates fell by 25 basis points over the last week, the biggest drop since July 2022.
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Housing Affordability Hits a 39-Year Low. ‘It’s Fair To Expect Prices To Weaken,’ Expert Says.
The monthly principal and interest payment on a median-priced house just surpassed $2,500 for the first time, a new record.
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Looking for a 4% Mortgage? Here’s Where Home Buyers Can Find One.
Aspiring homeowners put off by current mortgage rates can still find newly built homes that come with a 4% mortgage rate, one real-estate expert says.
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U.S. Home Prices Rose for the Sixth Month in a Row, Case-Shiller Says
Chicago led the nation in home price gains for the fourth month in a row, Case-Shiller says.
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When Will Home Prices Drop? Here’s What 6 Economists Say.
Economists are divided on whether home prices will go up or down for the rest of 2023.
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U.S. Pending Home Sales Stay Near Record Low Despite Modest Pickup in September
Existing-home sales will fall in 2023 to the lowest rate since 2008, National Association of Realtors forecasts.
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Home Sales Slide to Lowest Pace Since 2010 as High Rates Squeeze Market
Home sales fell in September to the lowest rate in 13 years, showing the corner of the economy most weakened by high interest rates remains in decline.
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