Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Housing Markets
Home Builders Keep a Steady Pace as the Market Cools
As mortgage rates quell heated competition and elevated buyer demand for existing homes, builders are finding ways to offer affordability to a more budget-conscious consumer base
Labor + Trade Relations
Nonfarm Payroll Employment Is on the Rise Post-Pandemic
Total employment increased in over half of the country in May as the economy makes a strong post-pandemic recovery
Housing Markets
Recession Could Cause Double Digit Price Declines in Overvalued Markets, Experts Say
Overvalued markets may have reached their tipping point, and a recession could put a damper on fast-rising home prices
NAHB
Housing Market Inflection Points: Events and Evidence From the Past 40 Years
The housing market is at an inflection point, with high inflation, interest rates on the rise and housing affordability in decline. Supply chain…
NAHB
NAHB Chairman’s Message: Members Urge Action on Housing Crisis
The National Association of Home Builders is relying on strength in its membership numbers to press the issue of housing affordability with the White House and Congress
Economics
How Regional Home Sales Impact the Job Market by State
Regional home sales fuel local economies, and that wealth can translate to more prosperous job markets in each state
Economics
NAHB Predicts Mild Recession in 2023
A housing market slowdown points toward affordability and opportunity for buyers in the long term, but its more immediate impact may cause a mild recession, according to NAHB
Economics
Lessons Learned From a Decade of Home-Price Inflation
Years of endless supply constraints are leaving their mark on the U.S. economy, and the housing market is taking the biggest hit
Affordability
Mortgage Rates Will Likely Keep Rising, but Just How High Will They Go?
Economists are gritting their teeth and bracing for higher mortgage rates ahead, but when will the increases end?
Market Data + Trends
A Real Estate Bubble Could Spell Trouble for the Housing Market, but Is It a Likely Scenario?
The most recent increase in the 30-year fixed-rate mortgage has some experts fearful of a possible housing bubble. Here’s what that could mean for homebuyers
