Prices for newly built homes fell in a third of major U.S. cities over the past year, offering some relief to homebuyers struggling with affordability. Overall, 32 of the nation’s top 100 metro areas ...
The housing affordability gap narrows as new home prices become competitive with existing properties, especially in South and ...
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"People will feel it," one expert said. Housing prices are soaring twice as fast as overall inflation. The average rate on a 30-year mortgage topped 7% in January for the first time since last spring.
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, ...
The rates of home construction and other building projects have long been used as a key indicator of broader economic activity, growth, and outlook. That makes it important to track the slumping ...
Fueled by COVID-19-related supply chain disruptions and increased natural disasters, the cost to repair and build homes has increased over the past five years, and insurers have raised their prices ...
Experts say tariffs on home-building supplies like lumber, steel, aluminum and drywall, much of which is imported from Canada or Mexico, will make homes more expensive. Travis Long ...
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