New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyers

The post New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyers appeared first on Real Estate News & Insights | realtor.com®. San Francisco Bay Area real estate is among ... Read More

New-Home Sales Surge as Buyers Seek Options in Tight Housing Market

The surge in new-home sales comes after the National Association of Realtors® last week reported that sales of previously owned homes slumped in March. Total existing-home sales dropped 4.3% from ... Read More

Live news: US housing starts fall to 7-month low

The pace of new home construction in the US fell in March to its lowest level since August 2023, but low inventory of existing homes continued to underpin demand for new builds. Housing starts in ... Read More

US new home sales rebound to six-month high; rising mortgage rates a concern

Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum ... Read More

Dave Ramsey says the time to buy a house is now

Specifically, the month-to ... rates will go down sometime late in 2024 or in 2025. Ramsey warns that lower rates would encourage more people to buy homes — and sellers would respond to the increase ... Read More

Ireland emerges from technical recession; UK house buyers hit by rise in mortgage payments – business live

Rolling coverage of the latest economic and financial news ... Read More

Don’t Bet on Mortgage Rates Falling. They Could Rise Instead.

Mortgage rates are expected to come down by the end of the year. But with economists revising their forecasts higher, it’s time to consider the possibility that for the third year in a row, rates ... Read More

With precious few existing homes for sale, buyers shift to new construction

In the same period, the first quarter of 2024, Michael Yeagle’s group also lined up buyers for two new-construction single-family homes in the neighborhood, at asking prices of about $1.8 million and ... Read More

California returns to job growth in March, but unemployment rate remains highest in nation

For the second month in a row, California posted the highest unemployment figure in the country. And it was one of only two states with a jobless rate above 5%. Read More

Blame the Rental Market for Inflation Sticking Around

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, US economy reporter Matthew Boesler looks at one of the key data points behind persistent ... Read More

How long will the S&P 500 slide last?

The index has fallen for two weeks in a row and may have more to fall, starting next week. February ended with stocks hitting new highs and not many signs of trouble. Read More

FTSE 100 Live 23 April: Another record close amid interest rate cut hopes, Tesla results in focus

The UK’s top stock market index hit a new all-time high on Tuesday, as investors were buoyed by hopes of interest rate cuts and an easing in geopolitical tensions. The FTSE 100 hit 8,076.52 points on ... Read More