Southern California home prices were essentially unchanged in January, with high mortgage rates keeping a lid on values. The average home price in the six-county region clocked in at $828,303 in January,... Read more »
Housing starts came in lower than estimates in the first month of the year, as the cold winter dampened activity. New construction starts fell to a seasonally adjusted annual rate of 1.331... Read more »
The year 2008 was a turbulent one for the global economy, especially for the housing market. The subprime mortgage crisis, which began in 2007, triggered a wave of defaults, foreclosures, and plummeting... Read more »
Mortgage rates in the U.S. will decline by the end of 2024, according to the latest Bloomberg Markets Live Pulse survey. The rate on a 30-year, fixed mortgage is expected to fall to 5.5% by Dec.... Read more »
Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed... Read more »
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Homebuilder sentiment improved in January, jumping 7 points to 44 on the... Read more »
Recession and the Housing Market are two interconnected aspects of the economy that wield significant influence over each other. When the economy experiences a recession, it undergoes a period of decline in... Read more »
As the housing market navigates through unprecedented challenges, the spotlight is on 2024 as a potential turning point. Insights from Realtor.com® reveal a nuanced outlook, with Chief Economist Danielle Hale suggesting incremental... Read more »
Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight weeks of positive purchase application data. I recently... Read more »
The Canadian housing market’s latest statistics indicate a promising shift towards stabilization. Stay informed with the latest updates in the Canadian real estate market. In this report, we analyze the key highlights, trends,... Read more »