Housing markets

Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.

None of the economists surveyed by Wolters Kluwer predict the Fed will cut rates at this week's meeting, few expect one in July and 41% said after September.

Confidence among US homebuilders fell to the lowest level since December 2022 in June, with potential buyers deterred by high mortgage rates and anxiety about tariffs and the economy. 

Housing permits fell for the fourth consecutive month as builders pull back on construction amid high costs and uncertain demand.

A survey from Redfin reveals that Americans are unsure about how President Trump's policies will affect home prices.

The transaction is the first in what is planned to be a continued series of purchases by the new fund as it continues to raise capital from investors.

Steady construction and weaker demand caused the first seasonally-adjusted dip in home values since 2022, signaling a move into a buyer's market.

While Fannie Mae sees improving buying and selling conditions, more consumers still think prices will rise over the coming year.

Following an appearance on Fox Business by NAHB's CEO this week, the U.S. Lumber Coalition labeled the homebuilding trade group a Canadian ally.

But improved for-sale supply is providing buyers with more options and helping to keep softer price pressures for those looking to buy, writes Cotality's Chief Economist.