Newsfeed: US suffering from the second biggest home price correction of the post-WWII era
The U.S. housing market is experiencing its second-biggest home price correction of the post-World War II era.
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Newsfeed: US New Home Sales Unexpectedly Soar (Again) In November
After an unexpected rebound in October, new home sales are expected to tumble in November (latest data) following the plunge in existing home sales, starts and permits data, and homebuilder sentiment.
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Newsfeed: Housing Market Predictions 2023: A Post-Pandemic Sales Slump Will Push Home Prices Down For the First Time in a Decade
We expect home sales to sink to their lowest level in more than a decade in 2023 as high mortgage rates keep housing costs up and prevent people from moving. High homeowner equity and a resilient job market will stave off a wave of foreclosures.
Newsfeed: US Pending Home Sales Plunge To Biggest Annual Drop Ever
After plunging by the most since COVID lockdowns in September, analysts expected US pending home sales to tumble once again in October and they did, dropping 4.6% MoM (September was revised slightly higher from -10.2% MoM to -8.7% MoM)…
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Newsfeed: New Home Sales Unexpectedly Jump In October, Prices Surged To Record Highs
After existing home sales tumbled, new home sales were expected to follow suit amid soaring borrowing costs and ever-higher prices (despite building inventories and incentives by homebuilders). They didn’t…
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Newsfeed: Investor Home-Buying Falls at Record Rate
In the most recent quarter, investor home-buying saw the largest drop since the 2008 financial crisis—30-percent year-over-year, according to Redfin.
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Newsfeed: Redfin Fires 13% Of Staff, Exits House Flipping As Downturn Accelerates
House prices are sliding, and sales are plunging as the Federal Reserve hits the pause button on quantitative easing this year with the most aggressive interest rate hikes in four decades to cool the red-hot housing market spurred by low interest rates and tight inventories during the pandemic.
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Newsfeed: Fed seen slowing pace of rate hikes in December
The Federal Reserve is seen slowing its aggressive rate-hike pace in December, with data published Thursday offering new evidence that the economic slowdown that the central bank is trying to engineer is getting underway.
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Newsfeed: Housing Market Could Get Dicey: Investor
NTD spoke with Robert Helms, host of the radio show The Real Estate Guys, to talk about what he’s seeing in the housing market.
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Newsfeed: U.S. home prices could fall as much as 20% next year
Home prices have plunged during the second half of 2022 with demand for residential real estate cooling off in a number of states and cities across the U.S.
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