Real Estate Markets
High Mortgage Rates Deter Homebuyers Across the Nation
Homebuyers across the United States are taking a step back from the real estate market as rising mortgage rates erode their purchasing power, casting a...
New Home Sales Experience Sharp Decline in August
The latest data from the Census Bureau reveals a significant downturn in the sales of newly constructed homes, marking a notable setback for the housing...
July Sees 6th Consecutive Rise in Home Prices
In a relentless upward trend, home prices in the United States have marked their sixth consecutive month of growth, reaching unprecedented levels in July, propelled...
Worries Mount as Chinese Property Stocks Hit Nine-Month Low
Chinese property stocks experienced a severe downturn on Monday, marking their most significant loss in nine months. The decline was attributed to growing concerns surrounding...
Mortgage Rates Surge on Federal Reserve’s Policy
In response to the Federal Reserve’s recent indication of sustained higher benchmark interest rates, mortgage rates in the United States have edged up. According to...
Tough Housing Market Puts Pressure on Homebuyers in August
Homebuyers grappled with an increasingly challenging housing market in August, as revealed by data from the National Association of Realtors (NAR). Existing home sales saw...
Housing Market Faces Land Shortage Crisis
In a recent earnings call, Lennar Corporation’s CEO, Stuart Miller, issued a stark warning about the impending challenge facing the housing market, land shortage. Miller...
Housing Market: Confidence of Homebuilders Takes Hit
In a shift of sentiment, homebuilders are feeling less optimistic about the housing market, with more of them expressing concerns about poor conditions, according to...
Mortgage Rates Hit New Highs, Testing Homebuyers’ Resilience
Mortgage rates continued their relentless climb, reaching new heights this week, creating a challenging environment for homebuyers as they grapple with surging interest costs and...
Housing Costs Inch Lower in August, Inflation Persists
The latest Consumer Price Index (CPI) data released by the Bureau of Labor Statistics on Wednesday indicates a marginal easing in the growth of housing...
