Home Prices

Home prices in the U.S. are sinking at the fastest monthly pace since the Great Recession, evidence that rising mortgage rates are rapidly slowing activity in the housing market.

The overwhelming majority of border crossers and illegal aliens sent to the sanctuary city of New York City are still in the city’s homeless shelter system after having arrived on migrant buses sent by Texas Gov. Greg Abbott (R).

New home prices in China fell for the third straight month in September as a mortgage boycott across the country and a slowing economy...

U.S. home prices decelerated at a record pace in July, despite remaining elevated compared to a year back, according to S&P Dow Jones Indices.

U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.

Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation

Higher interest rates and very high home prices dragged down demand for mortgages for the third straight week, data from the Mortgage Bankers Association indicated Wednesday.

Bank of America has downgraded its expectations for the economy this year to include a “mild recession.”

Americans’ short-term inflation expectations continue to rise, according to June survey results released on Monday by the Federal Reserve Bank of New York.

While home prices in the United States have appreciated by more than a third over the past two years, prices are poised to fall in several housing markets over the next 12 months, according to data analyzed by research firm CoreLogic.