housing crisis

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

It’s finally happening. After soaring 40% from pre-pandemic levels in the greatest boom in decades, home prices peaked in June, and started falling in July. That’s the stunning, sudden shift revealed in a new set of data just introduced by the American Enterprise Institute’s Housing Center, one of the top sources for in-depth, city-by-city numbers …

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Redfin: These housing markets are the most at risk of falling home prices

Redfin: These housing markets are the most at risk of falling home prices

Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is simply unattainable for tens of millions of would-be buyers. As more buyers take a rain check, the housing market correction only gets more intense. This week, we …

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City of Raleigh, North Carolina

3 out of 10 U.S. cities where rents have increased the most are in Arizona

PHOENIX (Stacker) – Lockdowns during the COVID-19 pandemic made many renters realize they could pick up and move to a place where they could get more bang for their buck, but the ramifications of the global health crisis didn’t stop there. Months-long wait times for common building materials, supply chain issues, more expensive building products, …

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