Housing

Business

Here’s why this housing downturn is nothing like the last one

Today News || As quickly as mortgage rates are rising, the once red-hot housing market is cooling off. Home prices…

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Business

Homebuilder sentiment drops to lowest level in two years as housing demand slows

Today News || A contractor frames a house under construction in Lehi, Utah, U.S., on Wednesday, Dec. 16, 2020. Private…

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Business

The risk of recession is growing. Here’s why recessions may be inevitable

Today News || The U.S. has experienced at least 30 recessions throughout history, dating back as early as 1857. Some…

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Business

Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher

Today News || Total mortgage application volume was 52.7% lower last week than the same week one year ago, according…

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Business

1980s-era rate hikes designed to fight inflation will create more market turmoil, Canaccord’s Tony Dwyer predicts

Today News || Stocks may go into a deeper tailspin. Canaccord Genuity’s Tony Dwyer predicts 1980s-era interest rate hikes will…

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Business

Big landlords jump into the homebuilding business as demand for single-family rentals surges

Today News || Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4…

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Business

Mortgage demand falls to the lowest level in 22 years amid rising rates and slowing home sales

Today News || Mortgage rates are back on the upswing, after a brief decline in May, and the housing market…

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Business

Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling

Today News || Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation…

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Canada

Want to buy a house but can only spend $200,000? Here’s where you can still do it in Canada

News Today || Canada News | Looking to buy a house but not willing to shell out a million bucks…

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Business

Home listings suddenly jump as sellers worry they may miss out on the red-hot housing market

Today News || Sharply higher mortgage rates have caused a sudden pullback in home sales, and now sellers are rushing…

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