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
The Average First-Time Buyer Earns $72,000 A Year
For the most part, the people who are buying a home for the first time have the means to do so.
CNBC…
NAHB: Duties On Canadian Softwood Lumber Will Lead to Lost Wages, Taxes, And Jobs
A 19.88 percent duty rate on Canadian softwood lumber exports could raise home prices by more than $1,000
Immigrant Labor Shortage Causes Home Price Hike In Dallas
Home prices in Texas are rising faster than in the rest of the nation, particularly in Dallas, where the median price of a new house has…
Redfin Housing Demand Index Decreases In March
The Redfin Housing Demand Index, which is based on the number of home tour requests and written offers from Redfin…
New Tariffs Placed On Canadian Softwood Lumber
The feud between the U.S. and Canada over softwood lumber, which is wood commonly used by builders to construct home frames, has been…
Builders Shift Away From Luxury Homes To Target The Middle Of The Market
Since the end of the recession, home builders have focused on the luxury market, building larger and more expensive homes for more…
Spring Sees Strongest Sellers’ Market Ever As Demand Swells
Some properties are drawing more than 100 people for an open house and getting a dozen or more offers
Department Stores Have Cut Nearly 100,000 Jobs Since October
Coal miners and factory workers aren't the only workers who have lost their jobs.
Since October, department stores…
Wichita Has The Most Affordable Homes For Teachers
First-year teachers in Wichita, Kan., only need to spend 10 percent of their income to afford half the rent of a two-bedroom apartment…
Existing Home Sales Top Expectations In March
Through monthly data from the NAR, Zillow reports that existing homes sales in March rose 4.4 percent from February to…
