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
Market Data + Trends
How Long Will a Housing Downturn Persist?
A housing correction is leading to price drops in some of the nation's hottest markets, but how long will it take for buyers and sellers to see an even playing field?
Market Data + Trends
Is a U.S. Housing Bubble About to Pop?
As home prices fall from record highs, experts say that the U.S. may be in a housing bubble, and some believe that bubble is about to burst
Economics
Moody’s Analytics' Mark Zandi Says Inflation Could Be Cut in Half Within Six Months
The Fed's persistent rate hikes appear to be paying off as inflation slows and the U.S. economy stabilizes, but is it too soon to rule out a recession?
Labor + Trade Relations
What Slower Wage Growth Might Mean for a Strong Labor Market
Slower wage growth for residential building workers may signal a labor market slowdown as recession fears mount among trade employers
Market Data + Trends
These Housing Bubble Indicators Signal Big Changes Ahead
Is a housing bubble about to pop? Here are the red flags to watch out for, according to John Burns
Labor + Trade Relations
Can the Fed Successfully Cool a Strong Labor Market?
The Federal Reserve is working to deter job growth in order to fight rising inflation, but despite a slight September slowdown, hiring remains resilient in the third quarter of the year
Market Data + Trends
Q3 Rental Demand Falls for the First Time on Record
Rental demand typically peaks during the third quarter of every year, but an economy rattled by peak inflation is leading to a rise in apartment vacancies
Housing Markets
As the Housing Market Inches Toward Recession, These Metros Are Cooling Fastest
After years of record-high home prices and speedy sales, homebuyer demand is falling the fastest in these popular metro areas
Labor + Trade Relations
Job Openings Fall as Labor Market Slows
The labor market is cooling off as economic activity slows in response to the Fed's tighter monetary policy, and the total share of unfilled jobs is falling as a result
Affordability
Recession or Not, Home Prices Are About to Fall by a Lot
As 7% mortgage rates make home purchases unaffordable for a growing number of Americans, sellers will soon be forced to slash their asking prices to hold onto waning buyer demand
