Housing Market News - CNBC
WEBGet the latest housing market news, trends and insights from CNBC. Find out how mortgage rates, home prices, construction and real estate impact the economy and consumers.
The Fed’s rate cuts could have unintended consequences for the housing …
WEB1 day ago · Already, market anticipation of a rate cut at the September Fed meeting has brought mortgage rates down to 6.2% last week, from 6.7% at the beginning of August. “If the Fed takes a more dovish ...
The housing market is ‘stuck’ until at least 2026, Bank of America ...
WEBJun 27, 2024 · Economists at Bank of America warned this week that the US housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. The bank said home prices will ...
US single-family housing starts surge in August | Reuters
WEB1 day ago · Single-family housing starts, which account for the bulk of homebuilding, surged 15.8% to a seasonally adjusted annual rate of 992,00 units last month, the Commerce Department's Census Bureau said ...
Shifting housing market: Where home prices are falling right now
WEB2 days ago · According to the Zillow Home Value Index, U.S. home prices fell 0.03% month-over-month between July 2024 and August 2024. From a historical perspective, that is fairly soft for this time of year ...
Why competition in the housing market is cooling off - NBC News
WEBJun 14, 2024 · The 30-year fixed rate mortgage in the U.S. slid to 6.95% on June 13, lower from 6.99% a week prior, according to Freddie Mac data via the Federal Reserve. While mortgage rates could “change ...
US Housing Starts Increase to Fastest Pace Since April
WEB1 day ago · Save. US housing starts bounced back in August after tumbling a month earlier, illustrating uneven residential construction as builders weigh inventory levels against brighter demand prospects ...
2024-2029 Housing Market Predictions | U.S. News Housing …
WEBJul 22, 2024 · Rental growth should flatten out as more supply hits fast-growing markets but will rise faster for single-family versus multifamily units. Mortgage rates will likely range from 6%-7% unless there...
Home sales: Prices in the US housing market continue to climb - CNN
WEBMay 22, 2024 · The median price of a previously owned home in the US grew 5.7% in April from a year earlier to $407,600, according to data from the National Association of Realtors released Wednesday. That was...
As millions struggle with home prices, housing becomes a top …
WEBJun 24, 2024 · Housing experts agree that a massive housing shortage decades in the making is driving up prices, and is a key reason behind record high rates of homelessness.
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