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
Interactive Graph Shows Real Median Income and Number of Households
By analyzing data from the bureaus of Labor Statistics and the U.S. Census, the NAR found that areas with the highest median household income are…
U.S. Cities with the Most Diversified Economies in 2015
A more diversified economy guarantees less volatility and higher economic growth, the United Nations Industrial Development Organization contends…
Map Shows Salaries Required to Afford a Home in U.S. Cities
In Pittsburgh, Cleveland, St. Louis and Cincinnati, you could afford a home while making less than $34,000, The Washington Post reports.
At…
20 Housing Markets That Are Heating Up
The NAR expects that this coming spring will see a boost in the number of closings this month as sellers put their homes on the market, adding to…
CNBC Looks at Housing Affordability in the U.S.
Home prices rose in December, along with job numbers. But those gains have yet to show up in worker’s paychecks, CNBC reports.
Using data…
The Housing Market’s Income Inequality
Data from the U.S. Census shows that the biggest gain in sales of new homes was for properties costing $500,000 and up, while sales of the most…
Reasons Why Texas Can Brag About Its Housing Market
Both income growth and share of new-home sales outshine the national average
Limited Supply Drives U.S. Existing-Home Sales to Nine-Month Low
Low inventory could temper expectations for an acceleration in housing activity
In 2015, ‘Patience’ Is Key Word for Home Buyers and Sellers
As inventory lags, it may take time for buyers to find their ‘perfect home’
