Tag results for: home prices

The U.S. housing market downturn will be worse in 2023, forecast Goldman Sachs

The U.S. entered into its first housing downturn of the post-Great Financial Crisis era. And the worst still awaits. On Tuesday, researchers at Goldman Sachs released a paper...

Revised: Odds of falling home prices in your local housing market, as told by one interactive map

“We saw prices moving up very very strongly for the last couple of years. So that changes now. And rates have moved up,” Powell told reporters in June....

The housing market correction takes an unexpected turn

The Federal Reserve has a simple inflation-fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across the economy weakens...

Redfin: These housing markets are the most at risk of falling home prices

Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is...

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