Source: NAHB — A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building...
Source: MacroHive — Summary The US housing market is poised for a tough couple of years. A mix of challenging supply/demand dynamics, combined with stretched affordability and deteriorating sentiment, will weigh on the market. Introduction US housing is one of...
Source: Globe Newswire — TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) — Following an era of exorbitant hyperinflation in Canadian luxury real estate, new post-pandemic benchmarks were established in 2022 as the housing market responded to a cascade of...
Source: Insider — The home buying frenzy that took place throughout much of the pandemic drove the nation’s home prices to historic highs, further escalating the country’s ongoing housing shortage and affordability crisis. But as inflation...
Source: New York Post — Pain across the US housing market that began last year is likely just getting started if interest rates remain high, star economist Ken Rogoff warned on Tuesday. Rogoff, a professor at Harvard University and former top economist at the...
