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WASHINGTON (Reuters) -U.S. single-family homebuilding increased to a 10-month high in December, indicating that construction activity regained some momentum at the end of the year, though rising ...
But there’s a limit to how far the housing market can rebound as homeowners with ultra-low mortgage rates stay put instead of listing their homes and accepting today’s rates of 6% or more, a ...
Single-family housing starts, which account for the bulk of homebuilding, plunged 6.9% to a seasonally adjusted annual rate of 970,000 units last month, the Commerce Department's Census Bureau said.
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices. Economists at Bank of America warned this week that the US housing market is ...
This week’s economic data is all about housing, with reports on homebuilder sentiment, housing starts, and existing home sales set to provide key insights into market conditions. While ...
But housing experts expect there to be more homes on the market next year as buyers and sellers come to terms with today’s higher-rate world. The housing market has been effectively stuck since ...
The housing market has been at a standstill this last year, as U.S. home turnovers reached record lows, according to a Redfin report. Experts agree that there are lots of changes on the horizon ...
The total value of the housing market now exceeds $1 trillion in eight US cities, doubling from just four cities last year and underscoring just how much home prices have skyrocketed in a ...