Housing Prices: Page 4

Business News

The Housing Market Is Cooling the Fastest in These 10 Cities

The housing market is shifting, and these cities are seeing prices drop the fastest.

Business News

Homebuyers Are Backing Out of Purchases in This Area of the Country More Than Anywhere Else In The U.S.

Houses in this area saw some of the highest surges in home prices during the pandemic. Now, those same locations are seeing homebuyers back out in record numbers.

Business News

Jerome Powell Says the Housing Market Correction 'Reset' Is Already Underway

Reporters pressed Fed chair Jerome Powell to clarify what he meant by the term.

Business News

Rent Prices Could Finally Be Cooling -- But Not in These Cities

After over a year of skyrocketing prices, recent data suggests that rent costs could finally be dropping.

Leadership

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Business News

Homebuilder Confidence Drops For 8th Consecutive Month, U.S. in 'Housing Recession'

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) dropped six points in August.

Business News

The Real Estate Housing Market Is Shifting: Too Many Homes, Not Enough Buyers

As mortgage rates surged, prospective homeowners were priced out. Now there are not enough buyers for an increasing number of homes.

Business News

New York Rent Reached Its Highest Levels, Ever. When Are They Expected To Go Down?

Average monthly rent breaks $5,000 in Manhattan for the first time in history.

Business News

Is a Housing Market Correction Finally Underway?

Experts are saying the market is still "a bit rough right now," and may get worse before it gets better.

Business News

US Home Price Gains Slowed Again in October

Housing prices continued to rise in October, but at a slower rate than previous months, according to new data.

Business News

Home Price Growth Surges to Record High: Reports

Single-family home prices across the United States rose at a record 19.7 percent annual pace in July.

Business News

Home Price Growth Surges to Record High: Case-Shiller Index

U.S. single-family home prices in 20 key urban markets rose 19.1 percent in June from a year earlier, marking the largest annual price increase in the 20-year history of the 20-city composite measure.

Business News

Home Construction Slumps as Supply Constraints Weigh on Production

Housing starts fell 7 percent to a seasonally adjusted annual rate of 1.534 million units last month, according to a Commerce Department report.

Business News

Homebuilder Confidence Drops to 13-Month Low on High Material Costs and Surging Home Prices

The HMI index component that gauges current sales conditions fell five points to 81 in August, while the part that measures traffic of prospective buyers also recorded a five-point drop to 60.

Business News

Single-Family Home Prices Soar by 23 Percent, Sharpest Rise on Record

The median price of an existing single-family home surged by 22.9 percent in the second quarter of 2021 compared to the year-ago period, hitting an all-time high of $357,900, the NAR said in an Aug. 12 report.