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Home sales will remain constrained as long as mortgage rates stay over 6% but are expected to rise as mortgage rates and inflation decline. Home prices will mostly hold their value in the short...
U.S. home prices posted a 4.2% annual gain in August, down from 4.8% annual growth in July, according to the latest S&P CoreLogic Case-Shiller Home Price Index.
Economists at Bank of America warned this week that the US housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. The bank said home prices will stay...
The latest data from the real estate brokerage underscores just how much the housing market has stalled in 2024 as Americans faced a toxic combination of record-high home prices and elevated...
What is the housing market like right now? In October 2024, U.S. home prices were up 5.1% compared to last year, selling for a median price of $434,568. On average, the number of homes sold was up 5.7% year over year and there were 428,132 homes sold in October this year, up 404,885 homes sold in October last year.
After a hotly contested race with big implications for the housing market, Donald Trump will return to the White House for a second term, four years after losing his first bid for reelection....
Forbes Advisor asked several housing experts for their predictions on where the housing market might head in the next five years. While most experts expect the housing market will come back...
Holidays and colder weather typically make the final quarter of the year the quietest time for the housing market. However, experts anticipate an atypical fourth quarter this year, with lower...
At the end of 2021, things looked rosy for the global housing sector. Across the 38 countries in the OECD, house prices were growing at the fastest pace since records began 50 years earlier....
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