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The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers
Business

The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers

Listen to article (2 minutes) When Joan Dangerfield, wife of the late comedian Rodney Dangerfield, first walked into her Los Angeles home in the early

Indiana, Midwest Take Top Slots in WSJ/Realtor.com Housing Index
Business

Indiana, Midwest Take Top Slots in WSJ/Realtor.com Housing Index

Lafayette, Ind., retained the top spot in the emerging home markets index for a third consecutive quarter. Source link

Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

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

Homeowners Don't Want to Sell, So Home Builders Are Booming
Business

Homeowners Don't Want to Sell, So Home Builders Are Booming

High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was

Home-Builder Stocks Are Booming as Homeowners Stay Put
Finances

Home-Builder Stocks Are Booming as Homeowners Stay Put

The top three publicly traded builders have seen their share of new-home sales rise from 22% to 31% over roughly the past five years. Source

Apartment-Building Sales Drop the Most in 14 Years
Business

Apartment-Building Sales Drop the Most in 14 Years

Interest-rate increases and banking turmoil push down demand for multifamily buildings. Source link

America’s Housing Markets: Home Prices Fall in the West and Rise in the East
Business

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