US ‘housing recession’ could send prices 20% lower by mid-2023
US home prices are now “clearly falling” and could plummet by as much as 20% by mid-2023 as the Fed ...
Tag: housing
Mortgage rates jump to 6.29% — highest in 15 years
Average long-term mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the ...
Surging rents leave behind generation of younger workers
The cost of renting a home in the United States is surging and young workers have felt the sharpest pain, ...
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve ...
Mortgage rates top 6%, first time since 2008 housing crash
Average long-term US mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, ...
Cardi B rants about ‘unbearable’ inflation: ‘How are people surviving?’
Cardi B is the latest to voice outrage over the decades-high inflation and surging rents that are hammering American households ...
US housing market to remain ‘especially frigid’ as mortgage rates spike: Redfin
The housing market’s ongoing slowdown will continue through the end of the year as surging mortgage rates discourage prospective homebuyers, ...
Home sale cancellations rise in ‘remarkably uncertain time’
The US housing market is in the midst of a significant pullback, with cooling conditions that have contributed to a ...
Housing prices could fall by 20% in 183 cities, new data shows
Housing prices could dip by as much as 20% in more than 180 markets nationwide if the US economy falls ...
New home sales plummet to 6½-year low in July
Sales of new US single-family homes plunged to a 6½-year low in July as persistently high mortgage rates and house prices further ...
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