The housing recovery keeps getting postponed. A fresh Reuters survey of property analysts shows forecasters raising their mortgage-rate expectations again, with borrowing costs now expected to decline only modestly from current levels. The shift comes as the 10-year...
The U.S. housing market has spent years arguing that it needs more homes. Builders are now sending a different signal: in many of the markets that produced the most new supply during the pandemic-era boom, they are pulling back. A new Zillow analysis released Sept. 14...
The benchmark 10-year U.S. Treasury yield crossed 5% on Monday, a threshold it had not breached since October 2023, adding another jolt to mortgage pricing just one day before the Federal Reserve begins a two-day policy meeting. The move matters immediately to the...
Consumer prices rose 0.4% in August as energy costs jumped and shelter inflation accelerated. For a housing market already dealing with mortgage rates around 7%, the bond market’s reaction may be the bigger story. Homebuyers looking for relief from mortgage rates...
The gap between home sellers and buyers has never been wider in Redfin’s data. Across much of the Sun Belt, buyers have leverage that would have been difficult to imagine a few years ago. Affording the house is another matter. America has entered the strongest buyer’s...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
