The post U.S. home sales drop to 12-year low; price growth cools appeared first on Weekly Real Estate News.
U.S. home sales drop to 12-year low; price growth cools
Housing
U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll
BENGALURU, March 2 (Reuters) – U.S. home prices are forecast to decline modestly this year and by less than previously thought as demand has declined only slightly despite expectations that interest rates have further to […]
Housing Bubble
U.S. Housing Bubble Downfall Continues: Purchase Mortgage Applications At 28-Year Low
After one of the largest speculative bubbles in history during the pandemic, the US housing market is now slowly tanking. Median home prices in the United States had risen about 45% in two years from […]
Economy
U.S. Fed officials see pathway to soft landing
(Reuters) – U.S. Central Bankers, less than a week after raising interest rates for an 11th time since March 2022, expressed hope they can beat inflation without cratering the job market, though they also said […]