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Housing starts dropped 19.3% in May as builder confidence continues to slide
HousingWire via Yahoo Finance· 1 day agoThe report attributes the decline to “persistently high” mortgage rates that are keeping buyers on...
The history of home (un)affordability
Bankrate via AOL· 3 days agoHigh rates and high prices are keeping the pressure on homebuyers. What does the future look like for home affordability? With high mortgage rates and...
High Rates Dampen Builder Confidence
National Mortgage Professional· 1 day agoMortgage rates that continue to hover in the 7% range along with elevated construction financing costs continue to put a damper on builder sentiment,...
Homebuilder warns real estate market is becoming victim to its 'No. 1 killer'
FOX Business· 1 day ago"The challenge we have now… inflation is absolutely the driver," he continued. The housing market...
Rent vs. buy: A comparison of housing costs in U.S. cities
Stacker via AOL· 4 days agoBureau's 2022 American Community Survey. Mortgage cost: The median monthly housing costs for...
Pain or Gain Ahead of Homebuilding ETFs?
Zacks via Yahoo Finance· 2 days agoUS homebuilder confidence is subdued, but chances of lower mortgage rates from late 2024, upbeat industry rank, compelling valuation and still-decent...
High Mortgage Rates Are Holding Back Homebuilding, Locking Up Housing Market
Investopedia· 2 days agoIf the U.S. is to build its way out of the current housing shortage, it needs homebuilding to take...
US Economy News Today: Should the Federal Reserve Pay Attention to Increases in Unemployment Claims?
Investopedia· 1 day agoHigh demand for housing, driven partly by a worsening housing shortage, has pushed home prices to...
U.S. Homebuilder Confidence Unexpectedly Dips To Six-Month Low In June
RTT News· 2 days agoA report released by the National Association of Home Builders on Wednesday unexpectedly showed a continued deterioration...the month of June. The report said the NAHB/Wells ...
Retail Sales Fall Short of Expectations in May
Investopedia via Yahoo Finance· 3 days agoSpending at online stores jumped 0.8% over the month and is up 6.8% since last year. The sluggish housing market, which is virtually gridlocked because...
