Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Read More US new home sales fall sharply in January
Tag: HOME PRICES
Report: Mortgage Rates Surpass 7% For First Time Since May
According to a new report, mortgage rates increased this week, going above 7% ━ adding more pressure to the housing market.
Read More Report: Mortgage Rates Surpass 7% For First Time Since May
US existing home sales rebound in October
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
Read More US existing home sales rebound in October
Report: Average Age Of U.S. Homebuyers Reaches Record High Of 56
A new report suggests that the average age of an American homebuyer in the U.S. has hit a record high of 56-years-old, according to the National Association of Realtors’ (NAR) yearly state-of-the-market report released on Monday.
Read More Report: Average Age Of U.S. Homebuyers Reaches Record High Of 56
Big US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Read More Big US banks expected to be cautious on shareholder payouts
Report: U.S. Home Prices Increased 47% On Average Since 2020
A recent analysis by ResiClub of the Case-Shiller National Home Price Index has unveiled a staggering increase in U.S. home prices, soaring a hefty 47.1% since 2020.
Read More Report: U.S. Home Prices Increased 47% On Average Since 2020