Redfin reported a record 57.9% buyer-seller gap in August as US housing demand stalled under high mortgage rates. While prolonged weakness threatens wider economic growth and risk assets like Bitcoin…
US existing home sales dropped 2% in August to an annualized pace of 3.98 million units as mortgage rates hovered near 6.7%. Rising bond yields continue to weigh on buyer affordability, pushing sales…
US existing home sales fell 2% month-over-month in August to an annualized pace of 3.98 million, the slowest in over a year. Surging mortgage rates around 6.7% and rising bond yields continue to supp…
Berkshire Hathaway CEO Greg Abel warned that US consumers remain under financial strain and sees no immediate housing recovery, predicting continued headwinds despite long-term housing deficits. Hous…
U.S. housing mobility has dropped to a record low of 13.5% due to high mortgage lock-in rates. Prediction markets now price a 56% chance of a Federal Reserve rate hike in September, while surging Tre…
US home prices rose in June, with the S&P Case-Shiller 20-City index up 2.1% year-over-year as mortgage rates stabilized around 6.5%. Resilient nominal price growth highlights steady consumer demand …
US mortgage rates showed mixed, minimal movement, with 30-year fixed rates dipping one basis point to 6.63% while 15-year rates rose to 5.95%. Forecasts from MBA and Fannie Mae indicate borrowing cos…
Home Depot is struggling with declining store foot traffic and sluggish demand for big-ticket projects due to historically low housing turnover and elevated mortgage rates. While the retailer invests…
Home Depot reported a 5.7% rise in Q2 sales to $47.9 billion, topping expectations driven by steady demand for smaller DIY projects. Despite high mortgage rates and housing affordability pressures, t…
Experts dismiss fears of a 2026 US housing crash, pointing to record homeowner equity, tight lending standards, and limited supply. Steady employment data and modest home price appreciation indicate …
Home Depot beat Q2 revenue and profit forecasts as demand for smaller home projects offset high mortgage rates and a sluggish housing market. Total revenue rose 6% to $47.9 billion, while same-store …
U.S. home builder sentiment unexpectedly rose to 35 in August, beating forecasts of 33. Despite the modest uptick, builder confidence remains subdued below the key 50 threshold due to elevated mortga…
The NAR predicts the U.S. median home price could hit $1 million in 25 years due to steady historical appreciation. This long-term forecast highlights continued real estate market growth, though affo…
US mortgage rates ticked higher this week, with 30-year fixed rates rising to 6.696%, signaling persistent elevated borrowing costs and reflecting broader rate expectations that could pressure equiti…
Amazon announced significant job cuts amid a softening labor market and economic uncertainty, while the U.S. housing market faces delays due to a prolonged government shutdown affecting loan and insu…
Real estate experts dismiss fears of a 2026 U.S. housing crash, pointing to tight inventory, steady employment, and robust homeowner equity. Stricter post-2008 lending standards and modest price gain…
Experts emphasize that a U.S. housing crash is unlikely in 2026 due to strong home equity, tight supply, and strict lending standards compared to 2008. Steady private payroll growth and modest home p…