Home Sales

New home sales in April jumped at the fastest pace since early 2023, countering persistent recession predictions from critics of the Trump administration. According to the U.S. Census Bureau and the Department of Housing and Urban Development, sales rose 10.9% from March to a seasonally adjusted annual rate of 743,000 units—up 3.3% from April 2024.

The U.S. housing market experienced a notable shift at the end of 2024, with new-home sales rising despite persistently high mortgage rates and affordability concerns. The most significant development, however, was the decline in median new-home prices, marking a potential turning point after years of soaring costs under the Biden administration.

The millennial generation, those born between 1982 and 2000, are fleeing blue states.

Sales of previously owned homes in the U.S. rose in February as house prices dipped and mortgage rates continued to tick down.

As of the week ending February 25, about 1.72 million people were receiving jobless aid, an increase of 69,000 from the previous week.

Sales of new U.S. homes rose for the third straight month in December as high mortgage rates continued to decline, offering some relief for prospective homebuyers.

The U.S. housing market continues to stumble as rising interest rates reduce the demand for mortgages and make homes more difficult to sell.

THERE'S A LOT OF CONCERN OUT THERE, AND RIGHTLY SO. BUT IT MIGHT BE SAFER TO STAY PUT FOR NOW.

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.

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.