Browsing: housing prices
Mortgage rates have skyrocketed in recent years, reaching their highest levels in more than two decades last October at a…
Housing affordability is so strained that teachers would need to double their pay to buy the typical house
It’s no secret it’s become increasingly difficult for most people to buy a home in the U.S. With mortgage rates…
The housing market’s affordability crisis keeps setting dubious milestones, and that latest one adds to the woes that first-time homebuyers…
With homebuying ‘more expensive than ever,’ buyers are backing out of deals at a record pace
Deals are falling through in the housing world. Roughly 56,000 home purchase agreements were called off last month, which translates…
The economy matters in an election year. And while our economy is fine on paper, it might not feel that…
Top economist: Buyers and sellers should brace themselves for the 6% mortgage rate reality
If you’re a baby boomer, you might not consider today’s mortgage rates to be high. After all, in the 1980s…
If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says
The housing world is in limbo. Last year, existing home sales plummeted to an almost three-decade low because nobody was…
We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself
Home prices and rents skyrocketed during the pandemic-fueled housing boom, and mortgage rates subsequently soared. Because mortgage rates shot up…
This decades-long trend in home prices has been ‘flipped on its head’ amid a big shift in the housing market
Since the mid-1980s, new homes typically commanded a price premium over existing homes, Howard Hughes Holdings CEO David O’Reilly told…
Home prices just broke another all-time high. But things might be changing as price inflation slows
I might sound like a broken record, but home prices hit another all-time high in April, according to the S&P…