Tag
housing market
15 articles
Mortgage Rates at 7.5% Trigger Sixth Straight Week of Buyer Pullback
The 30-year fixed rate hits levels unseen since the mid-2000s, as 10-year Treasury yields remain anchored by persistent inflation expectations.
30-Year Mortgage Rate Hits 7.49%, Highest Since November 2023
Contract rate climbed 19 basis points to highest level in nearly a year as 10-year Treasury yields reach 2002 peaks, crushing purchase demand
Australian House Prices Fall 3.6% as Rate Hikes Compress Affordability
Higher borrowing costs and tax reforms on property investment are accelerating declines in Australia's largest markets, with some forecasting drops exceeding 10 percent.
Jim Cramer Says 'Frozen' Markets Are Killing Stocks, But a Thaw Could Drive Bulls
The CNBC host warns that high interest rates, geopolitical uncertainty and political opposition are freezing key economic sectors, but says a swift thaw could trigger a strong rally.
U.S. Homebuyers Hit Record Low as Seller Surplus Widens to 496,000
Redfin data shows 966,752 buyers in July, down 2.5% from June, while sellers held at 1.46 million—creating a 51.3% surplus and crushing demand for homebuilders with heavy Sun Belt exposure
Pending Home Sales Hit 2026 Low as Mortgage Rates Peak During Buying Season
NAR's July index fell to 71.2, down 2.3 percent month-over-month, as peak-summer rate pressure erased contract activity across all four U.S. regions.
Builder Confidence Holds at 35 in August—16th Straight Month Below 40
The NAHB index beat a forecast of 33 but has not crossed 50 in more than two years, with diesel prices up nearly 50 percent driving material costs higher.
U.S. Median Home Price Hits Record $440,600, Closing Off a Generation's Path to Wealth
Home prices have risen more than 50 percent in six years, and researchers warn middle-class renters face a future with no wealth to pass on.
U.S. Median Home Price Hits Record $440,600 as 36-Month Streak Holds
The National Association of Realtors puts the July median at $440,600, up 1.8 percent year-over-year, extending 36 straight months of record-level prices.
U.S. Home Prices Hit Record $440,600 for 36th Straight Monthly Gain
Median home values climbed for 36 consecutive months through July, keeping shelter inflation entrenched and reinforcing the case for a prolonged Fed pause.
Australia Home Prices Post Largest Monthly Drop Since 2022 as Downturn Spreads
National property values fell 0.7 percent in July, their steepest monthly decline in two and a half years, as weakness spread from Sydney and Melbourne to Brisbane and Adelaide.
Australia Home Prices Fall 0.7% in July, Biggest Monthly Drop Since Dec. 2022
RBA Assistant Governor Chris Kent says softening housing market is tightening financial conditions after three rate hikes and tax policy changes.
Builder Confidence Falls to 42 as Home Prices Drop 1.2 Percent
The NAHB Housing Market Index fell six points in July, its third straight monthly decline, as 7.15 percent mortgage rates erode demand and compress builder margins.
Female Homeownership Surge Fuels Housing, Retail Stocks: Builders and Discretionary Are Buys
A record 20 million single women now own homes, creating a powerful demographic tailwind for homebuilders, financial services, and consumer discretionary sectors despite higher costs for women to buy.
AI Bias in Lending, Housing Grows Unchecked as Regulators Lag
Artificial intelligence proliferates in credit and rental decisions while federal oversight bodies remain slow to establish guardrails