A housing market crash is not on the horizon. Housing inventory will likely still be low in 2025, and demand could increase. If you’re financially ready to buy now, don’t wait. Will Interest Rates Go Down in 2025? Good news: Mortgage rates will likely continue going down in 2025! Th...
and home prices seemed poised for a correction. But a strange thing happened on the way to the housing market crash: Home values started rising again. So much for the now-quaint notion that the post-pandemic “housing recession” would reverse some of the outsized price gains ...
The last time experts characterized the US housing market as a “buyer’s market” was between 2011 and 2013. It came right after the global recession that struck the US in 2008. And from then on, the buyer’s market lasted for a few years. Nowadays, there seems to be no sign of th...
Housing market This lesson will cover the following How housing data affects currencies? New Home Sales Pending Home Sales Existing Home Sales Housing Starts and Building permits Interest Rate Sensitivity Housing reports refer to the economic news data released by the United States Census Bureau, Natio...
‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market BYAlena Botros May 9, 2024 Finance We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself...
That said, it is good to know that leading market experts are expecting the rate of home price increases to slow a bit going into 2025. But, low inventory is still causing prices to rise. If you’re deciding whether to enter the market to purchase a home and would like to better under...
Condo prices (down 3.7% from December 2023) continue to erode amid ample inventory. We see further downside in that category in the near term. Montreal area: Market temperature rising The recovery is almost complete as transactions are just 5% below where it was in the months preceding the ...
Housing Market Slowdown Rippling across the Economy ; All Four US Regions Have Now Seen Existing-House Sales Drop since a Year AgoA nationwide housing boom gave the current economic expansion its biggest boost. Now, a housing dip is raising the prospect of a slower economy ahead.After another ...
In the country’s four first-tier cities, Shanghai and Guangzhou both recorded a 1.3 percent month-over-month drop, while Beijing and Shenzhen registered a decline of 1.2 percent and 1.1 percent, respectively. Elsewhere in the existing home market, 67 of the 70 cities saw prices going sou...
Months of inventory—or how long it would take to sell all homes on the market at the current pace of sales—increased from 1.1 months to 2.7 months. Chairman Phipps concluded, “The total number of home sales this quarter was down compared to the same period last year...