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Market Data + Trends

Two Years After a Costly Pandemic, the Housing Market Is on the Cusp of Big Change

The current state of the nation's housing market may feel a bit unnerving to priced out buyers, but a recent report from Harvard's Joint Center for Housing Studies also outlines a few key silver linings


NAHB Chairman’s Message: Biden Housing Plan Falls Short

While the Biden administration’s Housing Supply Action Plan pushes housing affordability to the top of the nation’s economic agenda, it lacks adequate supply chain solutions and fails to resolve other underlying challenges constraining housing production


Rising Mortgage Rates Cripple Homebuyer Confidence

Prospective buyers are pulling out of the housing market in droves following the Fed's most recent rate hikes


Monthly Mortgage Payments Outpace Rental Costs Nationwide

Renting is becoming more affordable than buying a home in most metros across the U.S., but that could soon change as the market cools


Housing Affordability Dips to 15-Year Low as Mortgage Rates Soar

Housing affordability took another hard hit last week following the Fed's most recent rate hikes

Market Data + Trends

How the Fed’s Most Recent Interest Rate Hike Impacts Homebuyers

Higher rates are pricing out a large share of homebuyers and easing competition for those who can still afford home purchases


The Share of Homes With Price Drops Just Reached a Record High

Mortgage rates are at their highest level since 2008, creating a slowdown in home price growth as homebuyer demand softens across the U.S.

New-Home Sales

Homebuyer Demand Is Softening, and Sellers Are Being Forced to Respond

Waning demand from prospective buyers is causing a growing number of sellers to slash their asking prices as the market cools

Market Data + Trends

As the Fed Drives Borrowing Costs Up, Housing Affordability Continues to Plummet

The most recent interest rate hike will price out a large share of prospective homebuyers, but will it be enough to reduce housing costs in overheated markets?

Market Data + Trends

Another Tough Blow for Homebuyers as Interest Rates Surpass 6%

The Federal Reserve sent its rates soaring by 75 basis points earlier this week, subsequently pushing the 30-year fixed mortgage rate beyond the 6% mark

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