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The numbers: Existing-home sales reduced 2.7% between February and March, dropping to a seasonally readjusted, yearly rate of 5.77 million, the National Association of Realtors stated Wednesday. It was the…
The greatest wildcard for U.S. rising cost of living over the following year does not come from utilized vehicles or airline fares. Instead, it is housing. Authorities at the Federal…
Home loan rates have actually enhanced for 7 consecutive weeks, developing openings for purchasers that have managed to endure this tough housing market. The typical rate on a 30-year fixed-rate…
House building contractors have actually marketed more houses than they can build. Now they are limiting their sales in an initiative to catch up, aiding push house prices even higher.…
The numbers: The S&P CoreLogic Case-Shiller 20-city price index published a 20.2% year-over-year gain in February, up significantly from 18.9% the previous month. On a month-to-month basis, the index increased…
The numbers: U.S. new-home sales reduced 8.6% to an annual price of 763,000 in March, the federal government claimed Tuesday. That figure represents the amount of homes that would be…
The numbers: Pending house sales went down 1.2% in March, according to the month-to-month index released by the National Association of Realtors. The index determines deals where the agreement has…
The numbers: With no clear end visible to high residence prices and supply-chain struggles, home-building companies are growing significantly worried about the state of the housing market. The National Association…
The rate of interest on the nation’s benchmark home loan product bordered downward for the first time considering that early March, yet that does not indicate the housing market will…
The numbers: Building task for new houses plunged in July, most likely reflecting the proceeded supply restrictions that building companies dealt with across the country. U.S. home building contractors began…