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
Coronavirus' Hold on Housing Market Nearly Nationwide
Before the spread of the coronavirus, all the housing market's stars were aligned: Builders were confident, demand high, interest rates low, and…
Sales
Majority of Homebuyers Say Stock Market Volatility Has Not Affected Ability to Buy Home
The coronavirus has altered America in ways people have never seen before: Entire school systems have closed with no end date in sight,…
If the Pandemic Triggers Recession, What Will Happen to Home Sales?
It wasn’t a trade war or the fallout from Brexit that ended the longest bull run in the history of the U.S. stock market: It was the unforeseen…
Mortgage Interest Rates Hit Lowest Levels in 50 Years. Will They Go Lower?
How low can mortgage interest rates go? With the downward pressure of the coronavirus and plummeting stock market, the already-low rates are…
Will the Stock Market Plunge Take Down the Housing Market? Experts Say Probably Not.
Whispers on the street are starting to compare the plunging stock market to the days before the Great Recession, but economists say that the…
Is the Housing Market Close to Balanced?
Though the housing industry is currently experiencing an inventory shortage, economist Bill Conerly says the market is actually close to balanced…
0% Interest Rates More Likely Than Recession, Barclay’s Top Economist Says
Desperate times call for desperate measures, and though we are not there yet, Michael Gapen, a top Wall Street economist, says he suspects that…
