The Latest Breaking News from Housing Market

Housing market of today mimics that of the 1980s, First American chief economist Mark Fleming says

US new home sales hit a snag in November, dropping to a one-year low. The housing market navigates a challenging landscape amidst the pandemic.

Tumbling mortgage rates and a surge in new home construction could unlock the dormant housing market over the coming months.

March S&P 500 E-Mini futures (ESH24) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.11% this morning as optimism about interest rate cuts from the U.S. Federal Reserve next year continued to underpin sentiment, with investors bracing for the release of fresh data on the U.S.…

March S&P 500 E-Mini futures (ESH24) are up +0.06%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.02% this morning as market participants geared up for the release of fresh data on the U.S. housing market.

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

The dollar index (DXY00 ) on Monday rose by +0.04% and posted modest gains. The as-expected increase in the U.S. Dec NAHB housing market index report Monday and higher T-note yields were supportive factors for the dollar. Gains in the dollar on Monday were muted as stocks rallied, which curbed...

Record homelessness, sky-high rents, and homes affordable only to millionaires: A case study in how local control and a shifting national economy created today’s perverse housing market.

Declining mortgage rates are “breathing new life” into housing market, Redfin says.