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
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
Market Data + Trends
Do Rising Foreclosures Pose a Threat to the US Housing Market?
Foreclosures notices are rising, but experts aren't worried about a subsequent housing bust
Housing Policy + Finance
Industry Leaders Warn of Economic Risks Caused by Soaring Mortgage Rates
Three industry giants recently addressed Federal Reserve Chairman Jerome Powell to warn of the adverse effects ongoing interest rate hikes could have on the housing market
Housing Policy + Finance
The Federal Reserve Tightens Its Grip on the US Housing Market
Mortgage rates just surpassed a 23-year high, and experts say more rate hikes are on the horizon
Affordability
What Will It Take to Normalize the Housing Market?
A combination of factors have created an affordability crisis one market expert says will be difficult to resolve
Market Data + Trends
Experts Divided: Is the Housing Market Overvalued?
Some experts say the U.S. housing market is overvalued, despite mortgage rates nearing 8%. But don't expect home prices to drop anytime soon
Market Data + Trends
Homebuyer Preferences Shift Amid Economic Changes
Buyer demand remains strong despite market headwinds, according to new data from the National Association of Realtors
Economics
How High Interest Rates Are Affecting the Construction Labor Market
Tightening financial conditions created a series of labor market challenges in August 2023
Economics
Household Real Estate Value Is on the Rise After Consecutive Quarterly Decreases
The total market value of U.S. households’ real estate assets rose in Q2 2023 after three consecutive quarterly declines
Financials
How Will the Return of Student Loan Payments Affect Housing Affordability?
The end of a three-year student loan moratorium has borrowers taking a closer look at their monthly budgets, especially amid higher housing costs
