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The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.
As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…
Madison Hoff
Pandemic-era mortgage deals are over
A Freddie Mac economist says it's all part of the economy's 'normalization.' That new normal means …
Alcynna Lloyd
The 'ever-worsening affordability crisis' in housing came from decades of underbuilding, industry group says
Even the people selling you a house think it's too expensive. A realtors' group says we need to inc…
Ayelet Sheffey
The average price of a home soared a record 21% in April, report finds
A Redfin report found that the median home price rose at a record pace to $348,500 in April, with h…
Ayelet Sheffey
Expensive lumber costs have added $36,000 to the average price of a new home, report finds
Lumber prices are up 340% compared to a year ago, which only adds to the sticker shock facing homeb…
Ayelet Sheffey
Biden's Treasury has $50 billion to give to renters, but court rulings put millions at risk of eviction before it gets to them
On rent relief, President Biden is racing against the US legal system. He needs to get aid out befo…
Ayelet Sheffey
There are 40% fewer homes on the market than last year, report finds
The number of homes for sale could run out in months. New listing volumes were down 16% in January …
Ayelet Sheffey
Lumber prices are so high that many builders are holding back on construction
People are eager to buy homes and inventory has never been tighter, but high lumber costs are holdi…
Ayelet Sheffey,Libertina Bran…
A key gauge of the housing market saw its steepest drop since the early days of the pandemic
New home builds are declining as inflation and high interest rates deter buyers. Builder sentiment …
Brian Evans
Homebuilder sentiment posts a record jump in June, signaling a housing-market rebound from the coronavirus pandemic
"As the nation reopens, housing is well-positioned to lead the economy forward," said NAHB Chairman…
Carmen Reinicke
Homebuilders aren't helping to lower home prices because they too are sitting on the sidelines waiting for inflation and mortgage rates to fall
Many Americans are putting off homeownership until prices drop and mortgage rates are lower. Builde…
Alcynna Lloyd,Ben Winck
The housing market is in a recession — and it's giving buyers a small window to close a good deal
Mortgage rates have dipped, home availability is on the rise, and buyer demand is waning. It's a gr…
Ben Winck,Alcynna Lloyd
How to fix the housing affordability crisis: Build more homes
The real estate market is cooling off, but home prices remain high due to a lack of inventory.
Alcynna Lloyd
The number of new homes sold in a month just dropped the most in 2 years as rising mortgage rates rip into the housing market
Signs that the housing market is cooling are ramping up. The latest is a big dip in the number of n…
Alcynna Lloyd
Homebuilders are slowing down construction, and it could make it even harder for first-time buyers in the years ahead
As construction costs rise, there are fewer homes being built. It could make it harder for first-ti…
Alcynna Lloyd
2 reasons the US is in a major housing shortage, construction can't get done, and houses cost more than many Americans can afford
Spikes in material costs have added $18,500 to the price of an average new single-family home. Plus…
Alcynna Lloyd
The US is building more homes than it has in 16 years and it could finally be the break buyers need
Residential construction soared to an annual rate of 1.79 million units in March, beating economist…
Ben Winck
Construction worker pay grew at the fastest rate in 40 years as builders are desperate to keep up with the real estate boom
The homebuilding sector hired more workers and increased wages in February, which could mean more a…
Alcynna Lloyd,Madison Hoff
Rents just hit another record high after a 12% surge in January
Renting is getting more expensive everywhere and new data suggests overall affordability will falte…
Alcynna Lloyd
Spring is usually a great time to buy a house — maybe not this year
Rising home prices, more expensive mortgages, and a significant lack of homes for sale, could mean …