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
Major Metros on Track to Hit Post-Recession Home Sales Record
Half of major metros are seeing increasing sales thanks to a rebound in the share of all-cash purchases, and a growing share of FHA buyers
Labor + Trade Relations
An Immigration Downturn Affects Construction-Worker Availability
Better working conditions outside the U.S., as well as restrictive immigration policies, are hurting the labor supply
Southwestern U.S. Cities Still Await Recovery
Five major cities in Arizona and four in Nevada recovered the least since the recession
Rates Remain Low for Now, Fed Announces
At the end of 2015, rates are expected to remain around 0 to 0.25 percent
America’s Healthiest Housing Market is Frisco, Texas
The small city is prospering in both the real estate market and in economics
Home Prices Up Nearly 7 Percent Since Last Year
Increase aided by lower mortgage rates and better consumer confidence
Housing Market Poised for Largest Expansion Next 10 Years
Demographic and economic changes are forecasted to create 15.9 million additional households by 2024
Some Metro Areas See Home Prices Soar
Real estate agents point at the hot spring selling season that bled into summer as the main cause of price gains