Home Prices

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.

Oh, you want to buy a house? The bad news is that right now, you would pay a historically high price for a home, and as of today, you’d also hand over more money in interest for the privilege to do so — a whopping 5 percent, on average.

Mayor Garcetti blamed high housing costs in Los Angeles for the mass amounts of residents moving out of the city.

Housing economists expect the market frenzy to subside in 2022 as mortgage rates rise

It had to happen.

U.S. home prices surged in October as the housing market remains strong after the COVID-19 pandemic, according to a key economic indicator.

Seventy-seven percent of Americans believe inflation is impacting their holiday season, according to Tuesday’s Yahoo News/YouGov poll.

The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.

Companies raise prices in response to higher labor costs, fanning inflation further

Red-hot demand for houses sounds like great news for homebuilders. But builders aren’t as thrilled as you might expect, and one builder is actually turning down orders.