Housing affordability has plunged to the lowest level in nearly 40 years, according to LPL Financial. The drop in affordability exceeds the 2007 bubble levels as mortgage rates approach 8%. "Home ...
A steady decline in home inventory since 2006 is helping push home prices consistently higher. The sharp rise in mortgage rates over the past year has been unable to knock down home prices. "Perhaps ...
Home prices hit an all-time high in June, even as the housing market continued its post-pandemic slump. The median price for an existing home sold last month was $435,300, besting the previous record, ...
Home-price growth in the 20 biggest U.S. metropolitan areas is losing steam as buyers exit the housing market in the face of persistent unaffordability. Home prices are growing much more slowly ...
Median home prices have dropped over a year, but potential buyers and sellers remain stuck in place. By Michael Kolomatsky Since peaking at $479,500 during the fourth quarter of 2022, the median sale ...
The median home price in December 2024 was $402,502, down from $410,000 in 2023, per Realtor.com. Several big US cities saw home prices drop last month compared to the same time the year before. San ...
The rate at which home prices grow is slowing down. U.S. home prices increased 0.6% from a month before in February, in line with the 0.6% average monthly gain in the roughly eight years leading up to ...
U.S. home prices rose at the slowest annual pace in nearly two years as mortgage prices continued to stretch affordability. The S&P CoreLogic Case-Shiller National Home Price Index, which measures ...
The US housing market is showing signs of coming into better balance. The demand for homes is projected at 850 million, based on Department of Commerce data. Home prices are at a historical peak, but ...
San Diego County’s home price gains continue to decline — a sharp contrast to the start of 2024 when the region led the nation in growth. The San Diego metropolitan area’s home price increased 4.7% ...
June, usually the height of the spring housing season, saw sales of existing homes drop from the previous month, according to the National Association of Realtors. By Ronda Kaysen U.S. home prices hit ...
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