Economy

Published by Breitbart | September 27, 2022 Home prices fell in July compared with the previous month, according to the S&P CoreLogic Case-Shiller Index. This is the first national decline since 2012. Before seasonal adjustment, the U.S. National Index fell 0.3 percent month-over-month decrease in July, while the 10-City and 20-City composites both posted decreases of …

U.S. Home Prices Fall For First Time Since 2012, Largest Ever Deceleration Read More »

Published by CNBC | September 21, 2022 Sales of previously owned homes fell 0.4% in August from July to a seasonally adjusted annualized rate of 4.80 million units, according to the National Association of Realtors That is the slowest sales pace since May 2020, when activity stalled very briefly due to the start of the …

Existing Home Sales Fall in August, and Prices Soften Significantly Read More »

Published by Breitbart News | September 19, 2022 Builder sentiment fell for the ninth straight month in September as rising interest rates, supply chain disruptions, and high home price weighed on affordability. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released Monday fell three points to 46. Anything below 50 indicates that …

Nearly One Quarter of Home Builders Cutting Prices as Confidence Falls for Ninth Straight Month Read More »

Published by FOX Business | September 16, 2022 Housing markets in the New York City and Chicago areas, in particular, were most vulnerable New Jersey, Illinois and inland California have the highest concentrations of the housing markets that are most vulnerable in an economic downturn due to high unemployment rates and low affordability, according to a …

These Housing Markets Are The Most Vulnerable In Recession Read More »

Published by FOX Business | September 13, 2022 One lumber distributor is paying over six times as much for plywood compared to three years ago Issaquah Cedar and Lumber, located just outside of Seattle, gets wood shipped in from Canada. During the COVID-19 pandemic, however, suppliers struggled with staffing shortages and stopped taking orders. With less supply, …

Supply Chain Issues Plaguing Lumber Distributors, Home Improvement Companies Read More »

Published by REALTOR.com | August 9, 2022 Just as sellers are slowly learning to downshift expectations and buyers are collectively hoping for a break, there are still places across the country seeing huge year-over-year increases in median home list prices—some well over 30% Navigating the U.S. housing market in summer 2022 is seeming a bit …

10 Cities Where Home Prices Are Still Soaring Read More »