Tag results for: home prices
The home price correction intensifies—what to expect from the U.S. housing market in 2023
That, of course, is what we’re seeing now. Despite favorable demographics and tight inventory levels, pressured affordability—spiked mortgage rates coupled with frothy home prices—is beginning to push home...
Boise, Las Vegas, and Phoenix look like housing busts—this interactive map shows the shift in your local housing market
Fed Chair Jerome Powell has made it clear: We aren’t watching the U.S. housing market normalize, we’re watching it “reset” through a “difficult correction.”
“For the longer term what...
The U.S. housing market stares down an even bigger economic shock—mortgage rates near 7%
Unbeknownst to buyers lining the sidewalks outside of frenzied open houses this spring, the Pandemic Housing Boom was already in its final inning. In March, Fortune published a...
These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run.
Moody’s Analytics chief economist Mark Zandi, of...
A housing crash in Canada, Australia, and New Zealand? It sure looks like it
For the first time in over a decade, residential real estate across the developed world appears vulnerable to falling prices. That’s what happens when central banks flip into...
Map: How fast sellers are slashing home prices in America’s biggest housing markets
The Pandemic Housing Boom saw U.S. home prices spike an unprecedented 43% in just over two years. But that’s over now: Spiked mortgage rates have pushed the U.S....
