The share of $1M homes in the US dropped from a high of 8.6% in June 2022 to approximately 7% in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and sales to rebound in 2024, Fannie Mae predicts
Investors are eying 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim told Intel in an exclusive interview
Home price growth fell 0.4% between November and December, while year-over-year single-family price growth dropped to 6.9%, according to new data released Tuesday by CoreLogic
Where are home prices falling? Let's map out the 253 cities that saw quarterly declines in the final 3 months of 2022. But there are indications that this isn't a repeat of the 2008 crash.
While mortgage rates have eased and home prices have fallen in many markets, affordability still has a 'stranglehold on much of the market,' according to research released by Black Knight
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
Purchase loan requests rise 3% week over week as mortgage rates ease but remain down 39% from the same time a year ago
National home prices are projected to fall 6.7% over the next 2 years, with sales also expected to drop 21% this year to a level not seen since 2010, Fannie Mae forecasters said
The market isn't done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point
In an appearance on 'Barron's Live,' Redfin's CEO explained how rising mortgage rates have trapped homeowners and homebuyers into a housing purgatory, tough for anyone to make a move
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae
As of Jan. 1, homes in Canada can only be purchased by the nation's citizens and a few other groups after a new law went into effect. The step's a campaign promise of Prime Minister Trudeau
Home prices grew by 8.6% compared to a year before but fell by 0.2% month over month. By Q2, prices are expected to be lower than they were a year before, CoreLogic says