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Homebuyers stymied by fewer homes, high prices, rising rates
America’s housing market has grown increasingly frenzied, and prices are out of reach for many buyers, especially first-timers.
Red-hot housing market to fuel record borrowing in 2022, experts say
The fierce competition, low mortgage rates and soaring prices that helped raise mortgage borrowing to record heights last year is expected to drive lending even higher this year, experts say.
US home prices surge 18.4% in October
U.S. home prices surged again in October as the housing market continues to boom.
Home construction rebounds a strong 11.8% in November
New home construction in the U.S. rebounded 11.8% in November as strong demand continues to boost builder confidence.
Treasury wants more oversight of all-cash real estate deals
The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on money laundering.
Construction begins on 250-unit apartment building in Annapolis
Aventon Companies announced it has begun construction on a five-story, 250-unit apartment community in Annapolis.
Home prices surged in August at near-record pace
U.S. home prices jumped in August by a near-record amount from a year earlier, as Americans eager to buy a home drove up prices on a dwindling number of properties.
Existing home sales surge as interest rates point higher
Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January.
Home construction declines 1.6% in September as supply issues persist
U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks.
Existing home sales fell in August as price growth slows
Sales of previously occupied U.S. homes fell in August, and prices that have been soaring eased, the latest sign the housing market is cooling.
Home construction up 3.9% in August after July drop
U.S. home construction rebounded a better-than-expected 3.9% in August, with the strength coming in apartment construction.
Inflation forces homebuilders to take it slow, raise prices
Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders.
