Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
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
Market Data + Trends
Zillow Releases Bullish Home Price Forecast
While other firms expect home prices to fall in the year ahead, Zillow predicts steady gains through July 2024
Market Data + Trends
2023 Isn't Turning Out to Be Nearly as Tough as Home Builders Expected
So far, the first six months of 2023 have far exceeded home builders’ expectations
Economics
How a Mild Recession Could Actually Help the Housing Market
A housing recession may not be as scary as it sounds, especially after years of unprecedented growth leading to a supply/demand imbalance
Financials
Will the End of the Student Loan Moratorium Affect Housing?
With student loan payments set to resume in October, many Americans are reassessing their finances
Economics
Inflation Is Still Rising. Will Mortgage Rates Follow?
While measures of inflation posted a small gain in July, experts say that monthly increase won't necessarily translate to more rate hikes in the housing market
Market Data + Trends
The Housing Market Is Stuck in Limbo—Is a Soft Landing Ahead?
A summer slump in the housing market has both buyers and sellers waiting for conditions to improve, but as the Fed prepares to make its next move, experts say a soft landing could signal balance ahead
Economics
Why Some Economists Say the US Housing Recession Is Over
An uptick in pending home sales paired with more stable home price gains may mean that the 2023 housing recession is coming to an end
Financing
No Relief for Summer Buyers as the Rate Hike Saga Continues
The Federal Reserve continues to raise its rates amid stubborn inflation in the U.S. economy, and the housing market is suffering the consequences
Building Materials
June Price Index Data Show Building Material Price Growth Slowing
The latest Producer Price Index report shows prices declining for goods inputs to residential construction—another signal that inflation is cooling
Economics
How Does Today’s Housing Market Compare With the 1981 Recession?
Today's high-cost housing market isn't the most unaffordable homebuying landscape on record. According to Realtor.com, Baby Boomers had it worse
