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
Building Materials
What Saw Mills Experienced During Lumber Price Spikes and Why
Remodeling, DIY, and home building demand pushed lumber prices to new heights this past year, and it might make sense to believe lumber mills…
Economics
Federal Reserve Bank Leaders Express Worries About Housing Market
The Federal Reserve has been closely watching the housing market and some are more nervous than others about the bank’s role in bond purchases and…
Economics
Housing Accounts for Nearly 17% of Country's GDP
Housing made up 16.9% of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. As the economy continues to…
Economics
Fed Says Economy's Recovery Continues, Not Strong Enough for Rate Talk
The Federal Reserve said it is nowhere near considering a rate hike as the economy continues its strong recovery despite growing concerns over the…
Economics
Federal Reserve Will Not Taper Monthly Bond Purchases Just Yet
The National Association of Home Builders expects the Federal Reserve to announce a tapering of bond purchases before the end of 2021, but the…
Economics
When Will the Housing Boom End?
The housing boom will end in 2022, at least that’s what economist Bill Conerly says. What will put an end to the frenzy will be an increase in…
New-Home Sales
Interest in New Homes Falls, High Prices Likely to Blame
Fewer prospective buyers are looking to purchase a newly constructed home, likely a result from ongoing price increases, says the National…
Market Data + Trends
May Home Price Increase Breaks S&P Case-Shiller Record
The S&P CoreLogic Case-Shiller report marked its highest annual home price reading in more than 30 years in May. Home prices were 16.6% higher…
Coronavirus Resources and Information
Fewer Foreign Buyers Meant $20 Billion Less for U.S. Housing Market
COVID-19 restrictions kept foreign buyers from spending billions of dollars on the U.S. housing market last year, reports Realtor.com. Purchases…
Construction
Home Builder Profitability Reached Highest Level on Record
Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income…
