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.
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.
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A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign...
U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.
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
