Economic uncertainty, rate volatility and mounting worries about the labor market are reducing the pool of potential buyers, putting a damper on the spring homebuying season
Rising construction costs and shifts in foreign investments will result in falling sales as the weight of the tariffs are felt across US housing markets, economists and real estate leaders told Inman
Mortgage rates are climbing back toward 7% on fears that tariffs could reignite inflation, but Fed Chair Jerome Powell warns policymakers would be challenged if unemployment also rises
The University of Michigan Index of Consumer Sentiment fell 11% from March to April to 50.8 and is now lower than it was at any point during the 2007-2009 Great Recession
Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4% last month, but the impact of tariffs probably won't start showing up in the data until May
Stocks rebounded and pressure on interest rates eased after Trump announced a 90-day pause on country-specific 'reciprocal tariffs' with the exception of 125% duties on China
Agent pipelines appear to be better in March than expected, but the market outlook from listing agents took a pessimistic turn, according to the latest results from the Inman Intel Index survey
Heightened fears of a trade war and recession have investors convinced the Fed will start cutting rates again in June, a sentiment that gives mortgage rates more room to come down
Demand for purchase mortgages has been stronger than a year ago for more than 2 months as mortgage rates stay well below 2025 highs seen in January, MBA lender surveys show
Tariffs are expected to rekindle inflation and slow economic growth, but the recent pullback in mortgage rates should provide a 'small boost' to home sales this year, economists say
The Pending Home Sales Index (PHSI) rose by 2.0% to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6% compared to last year
Purchase loan requests are up 7% from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities: MBA survey
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they're more worried about inflation than they were in December
Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates
The value of America's nearly 100 million homes hit $49.7T at the end of 2024, as the combined net worth of the wealthiest 1% of Americans hit a record $49.2T, according to a Redfin analysis