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New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.
U.S. existing home sales fell more than expected in June, suggesting the housing market slump could be deepening as higher mortgage rates and economic uncertainty keep potential buyers on the ...
U.S. single-family homebuilding and permits for future construction fell sharply in June as high mortgage rates and economic ...
Data from Realtor.com shows that delistings outpaced inventory gains in May. While inventory has climbed across the US, ...
But Goldman Sachs has warned prospective home sellers that the housing market downturn is expected to worsen in 2023. And for interested home buyers, this doesn’t necessarily mean lower home prices.
us housing market sees $2.3t drop in value, biggest since 2008 Residential homes in Teaneck, N.J., Nov. 24, 2022. (Yuvraj Khanna/Bloomberg via Getty Images / Getty Images) ...
US home builder confidence plummeted 12 points to 55 in July, according to the latest data from the National Association of Home Builders/Wells Fargo Housing Market Index.
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US housing market wobbles during major homebuying season - MSNUS housing market wobbles during major homebuying season. Story by Giulia Carbonaro ... the steepest decline since August 2023. They also fell 2.7 percent compared to a year earlier. ...
No, the housing market is not even close to the housing market crash during the 2008 Great Recession, experts agree. That's in part because of new lending regulations resulting from the meltdown.
America’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost next year.
In all, Goldman projects sharp declines this year in new home sales (22% decline), existing home sales (17% drop) and housing GDP (8.9% drop). It projects further declines in 2023, including ...
US home prices saw a 1.3% nationwide monthly increase and a 0.4% adjusted increase in March. That's a sign that home price declines could be over, S&P said in a statement.
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