Home Prices Soar to Record High, Squeezing Affordability
High mortgage rates are holding back the supply of homes for sale, putting homes out of reach for many Americans.
High mortgage rates are holding back the supply of homes for sale, putting homes out of reach for many Americans.
How restrictive can monetary policy really be if home prices climbed for an 11th month to an all-time high?
Despite a record pace of Fed rate hikes, home prices kept rising in 2023.
Home prices keep climbing.
All three of the major indexes of home prices hit new record highs in July.
Home prices are down the most on a year-over-year basis since 2012.
The latest evidence of an earlier than expected recovery for the housing market.
Home prices have been declining as the Federal Reserve’s interest rate hikes have pushed up rates on home loans.
Higher mortgage rates have thrown sand into the gears of the housing market.
Home prices are still up a lot compared with a year ago but the housing market is cooling and now seeing month-to-month declines.
Home prices decelerated more than expected but are still up by double-digits across the country.
Home prices are rising at a record pace.
Another blow to family affordability in Biden’s America.
Housing prices accelerated their surge in April, hiting the fastest pace ever recorded.
Despite the slowdown and higher interest rates, home prices are still rising faster than incomes.