U.S. existing-home sales fall for the 10th straight month in November — longest losing streak on record
admin The numbers: U.S. existing-home sales fell 7.7% to a seasonally adjusted annual rate of 4.09…
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U.S. building permits fall 11.2% in November, while housing starts only dip slightly
The numbers: Construction on new U.S. homes fell a seasonally adjusted 0.5% in November to…
Read MoreMortgage refinancing demand falls to lowest level since 2000
The numbers: Mortgage rates remain above 7%, slowing demand for refinancing and dragging overall mortgage…
Read MorePeople are keen to move out of big cities due to inflation. They are eyeing these sunny locations for lower-cost living.
Americans are fed up with the high cost of living in big cities, and they’re…
Read MoreDecline in U.S. pending home sales gathers steam in September
The numbers: U.S. pending-home sales fell 10.2% in September, which is the fourth straight monthly…
Read MoreU.S. new home sales retreat in September, partially reversing surprising gain in prior month
The numbers: U.S. new home sales fell 10.9% to a seasonally-adjusted annual rate of 603,000…
Read MoreMortgage applications drop after rates top 7%, the highest since 2001
The numbers: Mortgage applications fell 1.7% this week, as higher mortgage rates continue to depress…
Read More‘Bad news for homeowners’: The number of homes on the market is rising. That’s unusual for this time of the year.
It took a while, but it’s finally happening — the number of for-sale listings on…
Read MoreMortgage bankers expect rates to drop to 5.4% in 2023. What will home prices do?
NASHVILLE, Tenn. — High mortgage rates and recession fears are hurting home prices, so expect…
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Mortgage rates surpass 7%, Freddie Mac says — ‘leading to greater stagnation in the housing market’
High mortgage rates continue to pressure the housing market, as the sector undergoes a deep…
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