How Trump's vow to deport millions of immigrants will impact housing
President-elect Donald Trump promised to begin deporting undocumented immigrants on Inauguration Day. Here's how his plan could disrupt housing starts and reduce affordability
by Marian McPherson Jan 20
New-home market a 'bright spot' as annual sales rise 9.8%
New-home sales rose 9.8% YOY to a seasonally adjusted annual rate of 716K in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall
by Marian McPherson Sep 25
Existing-home sales continue to slide as buyers bide their time: NAR
Existing-home sales fell 4.2% year over year to a seasonally adjusted rate of 3.86M in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data
by Marian McPherson Sep 19
Market headwinds stifled new construction growth in June
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
by Marian McPherson Jul 17
Existing-home sales rose 9.5% amid winter inventory boost
Existing-home sales decreased 3.3% annually in February, according to the National Association of Realtors. However, sales did improve 9.5% from January — signaling that recovery won't be linear
by Marian McPherson Mar 21
Housing starts leap in February as homebuilders become optimistic
Housing starts rose to a seasonally adjusted annual rate of 1.52M in February — 10.7% higher than in January, according to data released Tuesday by the US Census Bureau
by Ben Verde Mar 19
Annual inflation cools for 3rd month straight to 3.1%
The Consumer Price Index rose only 0.1% between October and November, 3.1% higher than a year earlier, suggesting interest rates will hold steady at this week's Federal Reserve meeting
by Ben Verde Dec 12
Housing singled out as largest contributor to inflation: Economists
Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison
by Ben Verde Feb 14
US home prices slip for fifth month as market bottom comes into view
The Case-Schiller index posted a 7.7% annual gain in home prices — down from a 9.2% gain in October — while the FHFA index showed a 0.1% decline in prices between October and November
by Ben Verde Jan 31
New-home sales continue modest rise — but market 'lull' lies ahead
New-home sales rose 5.8% to a seasonally adjusted rate of 640,000, according to data released Friday by the US Census Bureau and Department of Housing and Urban Development
by Ben Verde Dec 23
hundred dollar bills lined up
All-items inflation rose 7.7% in October — down from September's 8.2%. Although its welcome news, housing economists say it'll take until 2023 for homebuyers to see the savings
by Marian McPherson Nov 10