Is the housing market on the verge of a meltdown? One economist seems to think so — and he blames 7% mortgage rates.

Two months ago, existing home sales hit a five-month low. Last month’s report showed a minor rebound. This month’s update, released July 23, shows a return to weakness. Sales declined 2.7% in June to ...

Home prices have climbed at a historic pace in the United States in recent years. According to the Case-Shiller U.S. National Home Price Index, a typical single-family home is now about 50% more ...

Real estate expert Mauricio Umansky explains how the American dream of homeownership is delayed by affordability issues. Households are spending 44.6% of income on homes.

Data released Tuesday by First American shows a similar trend. The company reported that national home prices rose 2% during the year ending in April, the slowest rate of appreciation since 2012.

Housing prices are higher today than they were 75 years ago, but the real problem began in the early 2000s. ... American homes have risen in quality over the past 75 years. Homes are ...

Increased housing supply and cooling prices are counteracting the lack of movement from the Fed. June 17, 2025, 12:41pm by Neil Pierson. ... deputy chief economist for First American, ...

Rising Prices Push American Housing Toward Luxury Status This could also lead to shifts in consumer spending behaviors and geographic changes. By Erik Sherman | June 17, 2025 at 05:09 AM ...

Indeed, homebuyers purchasing starter homes in 50 major cities in 2024 spent over $1,000 more on housing costs each month than tenants do. To be sure, many renters are struggling, too.