The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 5 points to 33 in November, the trade group said on Wednesday. It’s the record eleventh month Read more
Tag: home
Home Depot stock falls after profit and sales beat expectations but full-year outlook was affirmed
Shares of Home Depot Inc. HD, -2.55% slumped 0.7% in premarket trading Tuesday, even after the home improvement retailer reported fiscal third-quarter earnings that beat expectations, citing strength in project-related Read more
Home Depot earnings: Wall Street stays upbeat despite signs of weakening home improvement demand
Home Depot Inc. investors will soon learn the real story about what’s happening in the home improvement sector, as some others in the business have said demand is weakening while Read more
The median income needed to buy a typical home is over $88,000 — $40,000 more than prior to the pandemic
Home price growth in big cities has slowed, but not stalled, in the third quarter, according to a new report from the National Association of Realtors (NAR). The NAR, which Read more
Nursing home? No thanks. 70% of people surveyed would rather not.
The pandemic damaged views on nursing homes to the extent that a vast majority of older Canadians are more likely than before to shun nursing homes after observing the initial Read more
Home builders struggle to find buyers as cancellations by developers rise: ‘The build-for-rent market is going to become increasingly important’
It’s a tough time to be selling a home. That’s also true for home builders, who are seeing canceled orders and dwindling interest among would-be buyers. “Mortgage applications have been Read more
BofA cuts home price growth to 0% for next 2-3 years, but still sees no major distress unfolding
Record low affordability and a dearth of houses to buy have credit analysts at BofA Global cutting their outlook for U.S. home price growth to zero in 2023, while also Read more
Want to make your vote count more in the midterms? Register at your vacation home address
This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2022. All rights reserved. The first Read more
A home buying tactic from the ’70s and ’80s is seeing a revival—here’s how it works and what buyers and sellers get out of it
Home buyers are looking for ways to whittle down their mortgage rates. As a result, a once-popular home-selling tactic is making a comeback. It’s called a temporary buydown, and it Read more
Home buyers are looking a lot older — and whiter
The characteristics of first-time home buyers are shifting as homeownership grows more unaffordable and out of reach for many, the new annual report says. The share of first-time buyers in Read more