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
Market Data + Trends
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
New-Home Sales
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
Unexpected Increase in Housing Starts and Permits in October
The Midwest and West posted the strongest home building activity in October
Economics
Inflation May Be Falling, but Housing Costs Are Staying High
Cooling inflation lessens the likelihood that the Fed will continue increasing rates. But despite the slowdown, high housing costs persist
Financing
The Fed Hits Pause on Rate Hikes, but Borrowing Costs Remain High
The Federal Reserve is expected to pause rate hikes, but buyers will continue to feel the sting of elevated borrowing costs for months to come
Affordability
What Will It Take to Resolve the Housing Affordability Crisis?
To get back on track, something—or things—got to give in a housing market bogged down by soaring interest rates, persistently high home prices, and a dearth of available homes
Market Data + Trends
Could High Mortgage Rates Cause Home Prices to Drop in 2024?
Predicting the effects of rising mortgage rates on U.S. home prices in 2024
Housing Policy + Finance
Fannie Mae Warns of High Rates in 2024
The Federal Reserve's staunch monetary policy could keep interest rates high and continue to affect the U.S. economy into 2024
Economics
Pandemic Era Spurs 37% Jump in US Household Median Net Worth
The average American family saw a significant boost in household net worth during the pandemic due to government support and a rebounding economy
Financials
Housing Demand Could Rebound in 2024 as Mortgage Rates Ease
The Mortgage Bankers Association predicts lower mortgage rates could bring homebuyers back into the market in 2024
