The post Home prices are down — but not enough to ease affordability appeared first on Weekly Real Estate News.
Home prices are down — but not enough to ease affordability
Housing Wire
$1 million conforming loan limit reignites affordability debate
The conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac will pass the $1 million mark for the first time in 2023, reigniting a debate about the government’s role in the mortgage […]
U.S. Housing Market
Home Sales and New Listings Drop in February for Greater Toronto Area
February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022, according to the Toronto Regional Real Estate Board. However, the number of new listings also dropped […]
Top News
The housing market has frozen over. Here’s why experts say home affordability isn’t getting better any time soon.
The housing market is frozen, and affordability is unlikely to get better soon, experts told Insider. Activity has slowed thanks to high mortgage rates, which have pushed both buyers and sellers out of the market. […]