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
Economics
Housing Inflation Could Remain Elevated for Longer Than Expected—Here’s Why
Inflation appears to be easing, but the latest consumer price index reveals that shelter costs, which account for a third of the total CPI, aren't budging
Market Data + Trends
The Next Five Years of the Housing Market—What Can Buyers Expect?
After years of unprecedented challenges, housing experts are looking ahead to a more balanced market in the not-so-distant future
Labor + Trade Relations
In a Rebounding Labor Market, Older Gen Z Workers Are Notably Absent
Fewer people aged 20 to 24 are working or seeking a job, and the possible reasons why have economists dumbfounded
Market Data + Trends
Is Inflation Slowing? Annual Home Price Growth Slips to 3% In November
Home prices are still rising across the U.S., but not nearly as quickly as they were during a mid-pandemic homebuying boom
Affordability
As Housing Costs Reach New Highs in a Market Correction, Buyers Brace for the Worst
Mortgage rates are climbing, inventory is dwindling, and home prices are still rising, but a market correction could bring about big changes in the year ahead
Market Data + Trends
How Does Today’s Market Correction Compare With the Great Financial Crisis of 2006?
Home prices are falling faster than they were before the Great Recession over a decade ago, and investors are the first to pull out of a volatile buying landscape
Economics
Housing Outlook: Is This a Recession … or Not?
The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear
Housing Markets
As Housing Market Cools, Builders Find Themselves in Hot Water
While home builders benefited greatly from the COVID economy, they are now starting to see a shift as the market slows and are preparing for the worst
Financing
The Housing Market Is Threatening to Push the U.S. Economy Into a Recession
Some experts and analysts are saying, “the Fed will push until something breaks.” Hopefully, it will not be the housing market
NAHB
States Nationwide Are Seeing Increase in Jobs. See How Each State Compares
States weigh in on employment situation in September 2022
