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The Latest Breaking News from Odeta Kushi

New home construction is stalling as homebuilder sentiment sours over Trump's tariffs, economists say

“Builders are exercising caution due to the economic uncertainty stemming from the Trump administration’s advancement of a trade war and mass deportations,” a Realtor.com senior economist said after the data was released.

Bank of America says building material manufacturers' first instinct to Trump’s tariffs has been to hike prices

Bank of America says building material manufacturers' first instinct to Trump’s tariffs has been to hike prices

Price increases may be preemptive, but “could give companies flexibility in a dynamic trade policy environment,” Bank of America analysts wrote.

A new American era of housing haves and have-nots occurred this year

A new American era of housing haves and have-nots occurred this year

This year’s housing market was clearly “riddled with winners and losers,” Zonda’s chief economist, Ali Wolf, told Fortune.

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Even a burst in new home construction isn’t enough to solve the nation’s housing crisis

“We are still not building enough new housing to keep up with demand,” Bright MLS chief economist Lisa Sturtevant said.

The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in

Zillow warned in May that housing would enter a “deep freeze” if mortgage rates hit 8%. They came anyway—and existing home sales hit a 13-year low.

The housing market is about to have its slowest year since the real estate bubble burst in 2008, according to National Association of Realtors

Mortgage rate lock-in effect is making homeowners hold on for longer: “You can’t buy what’s not for sale,” one pro says.

Looking for a housing price crash? That’s unlikely, real estate economists say

The nation‘s housing market is going through a correction, not a crash.

The Orange County Register

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Survey: Experts see massive hiring slowdown and surging unemployment a year from now

Employers have added 3.5 million jobs so far this year, among the fastest pace in 28 years and a remarkable feat considering the number of headwinds powerful enough to knock hiring off course — from boiling inflation to the fastest Federal Reserve rate hikes in four decades.

Tribune News Service

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