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Inflation, and Housing Costs, Are Set to Turn a Corner
Cooling house prices and rents could tamp down inflation in coming months, nudging the Federal Reserve to pause or even reverse rate increases. Source link
Home Prices Fell Year-Over-Year in May
Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. Source link
Home Sales Fall Amid High Mortgage Rates, Low Supply
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate
Home Prices Fall for Seventh Straight Month
The Case-Shiller index dropped 0.2% in January compared with December, as increased mortgage rates continued to slow the housing market. Source link
America’s Housing Markets: Home Prices Fall in the West and Rise in the East
In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in
Economy Week Ahead: U.S. Household Spending and Home Prices in Focus
Economy Economy Week Ahead The Fed’s preferred inflation gauge to offer additional insight on price trends Source link