Economic Index Fell Again in May; Year-Over-Year Growth Looking Up
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Tag: Housing Market
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released ...
Homebuilder Confidence Hits Lowest Reading Since December 2023
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes ...
Mortgage Rates Continue to Move Down
On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this ...
Newsmakers Spotlight: Malte Kramer Discusses the Importance of CMA and SEO Boosting Tools in the Luxury Market
Malte Kramer, CEO of Luxury Presence, partnered with Sell It Like Serhant to publish the 2023 State of Real Estate ...
Study: Partisanship Has No Effect on the Supply of Housing or Affordability
A new working paper produced by Joseph Gyourko and Fernando Ferreira—two researchers at The Wharton School of Business at the ...
May Sees a Stronger Jobs Report; Pros Give Mixed Reviews
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the ...
Mortgage Rates Pull Back Again
Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this ...
Report: Sellers Cutting Prices at Highest Rate Since 2022
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share ...
Report: Sellers Market Holding Strong Despite Inventory Influx
In May, median list prices showed an increase of 37.5% since May 2019, with inventory down 34.2% compared to typical ...
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