Home prices reached a new record in March amid an ongoing housing shortage, even as high mortgage rates pushed affordability out of reach for more Americans. Prices increased 6.5% nationally in ...
US home prices reached a record high in March, reflecting the housing market’s persistent affordability crisis. The S&P CoreLogic Case-Shiller US National Home Price Index, a measure of home ...
New government data shows U.S. single-family homebuilding and permits fell in April 2024, amid a resurgence in mortgage rates, but new construction remains supported by an acute shortage of houses for ...
U.S. housing starts recovered last month, offering a ray of hope for the home-building sector. Here are the main takeaways from the Commerce Department's report released Thursday. --Housing starts ...
New homes construction rose by nearly 6 percent on a monthly basis across the United States in April, but the picture was mixed across different regions with the northeast seeing a plunge in ...
The numbers: Construction of new homes rose 5.7% in April, as builders ramped up new projects. The pace of construction accelerated up as builders try to meet pent-up home-buying demand as ...
Simply sign up to the Property sector myFT Digest -- delivered directly to your inbox. One of the seemingly-odd things about the US economy has been housing’s resilience to a massive upswing in ...
OTTAWA - Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March. The seasonally adjusted annual rate of housing starts in ...
Salinas ranks as another US city that has high housing costs to offer. As of March, the typical home value in the city is $842,250. The median monthly housing cost in the city is $1,897.
WASHINGTON (Reuters) - U.S. single-family homebuilding and permits fell in April amid a resurgence in mortgage rates, but new construction remains supported by an acute shortage of houses for sale.
Confidence has returned to the market this year due to easing mortgage rates and the prospect of several interest rate cuts.