Following the disappointing tumble in existing home sales (to 2 year lows), analysts expect a modest drop in new home sales in May of just 0.2% MoM (after April’s 16.6% MoM plunge). Instead, new home sales spiked 10.7% MoM (from an updwardly revised -12% MoM print in April) – despite soaring mortgage rates…
Newsfeed: New Home Sales Unexpectedly Rebounded In May As Prices Plunged Read More »
As costs of home ownership rise, millions of Americans have been pushed out of the housing market, according to Harvard University’s annual State of the Nation’s Housing Report released Wednesday.
Careers board Lensa produced a new study this week laying out the least and most affordable states to live in in the United States. The study looked at “the affordability gap in states around the US, comparing the cost of living to the average wage to reveal the percentage difference.”
Newsfeed: New Study Finds Hawaii, Oregon, Among Least Affordable States To Live In Read More »