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This Week: Existing home sales, retail data for May and Kroger's first-quarter results
Houston Chronicle· 6 days agoThe Commerce Department on Tuesday reports retail sales data for May; grocery store giant...
House prices slashed by 1 in 5 sellers nationwide
Newsweek· 5 days agoSellers likely slashed prices because they had asked for too much money for their properties in the first place. According to Redfin, the typical home...
The history of home (un)affordability
Bankrate via AOL· 5 days agoHowever, during 2021 and 2022, home prices grew by nearly 12 percent and 16 percent respectively. This was due largely to low rates and ...
Home Prices Hit a Record High
The Wall Street Journal· 2 days agoThe median price for existing homes in the U.S. rose to $419,300 in May, up 5.8% from a year earlier, as low inventory continued to spur bidding wars in...
Housing market may hit 'breaking point,' economist warns
Newsweek· 6 days agoHigh borrowing costs for home loans and rising home prices have made homebuying out of reach for...
Home prices are up, but people are buying anyway. What’s going on with Boise real estate?
Idaho Statesman McClatchy via AOL· 6 days agoHigher interest rates can affect everything from credit cards to student loans, home mortgages to...
U.S. Retail Sales Inch Up 0.1% In May, Slightly Less Than Expected
RTT News· 5 days agoThe Commerce Department said retail sales crept up by 0.1 percent in May after dipping by a revised 0.2 percent in April. Economists had expected retail ...
Luxury Market Takes a Breather - Banker & Tradesman
Banker & Tradesman· 3 hours agoBoston’s luxury multifamily market is showing signs of a slowdown, and it is unlikely things like luxe amenities will move the needle in generating more...
Utah home prices see slower growth amid national affordability crisis
Deseret News via Yahoo Finance· 5 days agoHomes and "for sale" signs in are pictured in the Salt Lake Valley on Tuesday..., Deseret News In...
Low Inventory Drives Up Home Prices In Chicago Suburbs
The Real Deal· 2 days agoSteadily rising home prices in Chicagoland have become glaringly apparent in the north suburbs. In...