Tag results for: home prices

Miami to escape the home price correction in 2023 while ‘overheated’ housing markets like Austin get hammered, says Goldman Sachs

On one hand, the 2.4% drop in U.S. home prices seen between June and October is small relative to the housing crash’s 26% national home price decline from the top...

The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68%

“When I say reset, I’m not looking at a particular specific set of data. What I’m really saying is that we’ve had a time of a red-hot housing...

Interactive map: The home price correction (or lack of correction) in America’s 400 largest housing markets

Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year’s historic mortgage rate shock. The numbers aren’t...

We’re in the second biggest home price correction of the post-WWII era—here’s the latest data

Speaking to reporters in September, Fed Chair Jerome Powell made it clear that going forward the U.S. housing market would get “reset” by a “difficult correction.” “Houses were going...

Where are home prices in America’s 400 largest housing market headed in 2023? These 5 charts give us some clues

While it’s pretty clear that pressurized housing affordability has triggered some deflation in the U.S. housing market, industry insiders remain divided on what the ongoing home price correction...

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