Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...
"The implications for the housing market are staggering," said Jessica Lautz, NAR’s deputy chief economist, in a statement.
The current market is so unaffordable that the only people able to buy and sell houses tend to be older, wealthy or both.
"The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for ...
Just 28 homes out of every 1,000 in the US changed hands so far this year, the lowest turnover rate the housing market has ...
Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, ...
Here's another impact of the shutdown: it's leaving some home buyers in the lurch. Transactions involving U.S. Department of ...
There have been signs of life in the housing market recently, but one economist notes that sales are still down 30% from ...
With buyers gaining ground in more cities and rates sliding further in October, Zillow says the fall season could extend the ...
The declining mortgage rate environment could impact the housing market. Here's what that means for buyers now.