Tag: U.S. housing market

November's Consumer Price Index revealed a 0.6% month-over-month rise in the price of shelter along with a 7.1% year-over-year increase. This includes rent, which continued to embark on an upward trend. According to the Bureau of Labor Statistics, housing costs are once again the largest...

Figures revealed on Monday shows that the National Association of Home Buyers/Wells Fargo gauge of homebuilder sentiment decreased by three points to 46. This is the ninth consecutive month that homebuilder sentiment has declined—a record streak of declines since the data was first released...

With the U.S. housing market cooling down this year following mortgage rate hikes and record home appreciation, economists at Goldman Sachs expect significant price falls in 39% of metropolitan areas in the United States in 2023. As stated by analysts in the Goldman Sachs’...

According to experts, surging inflation and fears of recession have caused the U.S. housing market to get back to normal. This follows a prolonged period of high demand and sky-rocketing prices. According to DLB Financial Services CEO Debbie Boyd, the current state of the U.S....

The past year has been tough for first-time homebuyers. The U.S. housing market has been running wild with home prices surging more than 20% in 2022 in comparison to the same period in 2021. It also didn't help that mortgage rates jumped from 3.11%...