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2 mins read

An influx of young people entering the housing market next year will lead to a homebuilding boom, analyst says

The trend of underbuilding in the US housing market could reverse as builders rush to meet a wave o…

Jennifer Sor   


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4 mins read

What you need to know about Kamala Harris' 'opportunity economy'

Harris touted her plan to build an "Opportunity Economy" during her first presidential debate with …

Kwan Wei Kevin Tan,Joshua Nelken-Zitser   


Eliza Relman   


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3 mins read

Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.

Warren Buffett's Berkshire Hathaway owns scores of companies across a range of industries, and stro…

Theron Mohamed   


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5 mins read

Gen Zers and millennials are willing to go on summer vacation at all costs. Literally.

Multiple surveys also found young people are willing to put travel plans ahead of their financial g…

Dan DeFrancesco   


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2 mins read

The Fed's first rate cut of 2024 could come next month if the labor market slows

Markets are only pricing in a 10% chance of an interest-rate cut in July, according to the CME FedW…

Matthew Fox   


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1 min read

'Bond King' Bill Gross warns mortgage rate surge will hammer homebuilding – and may herald an economic downturn

Soaring mortgage rates will dampen construction activity, paving the way for slower growth and cool…

Theron Mohamed   


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3 mins read

A policy that's supposed to create more affordable housing often backfires, leaving cities with higher home prices and rents. There's a way to fix that.

Inclusionary zoning is often so expensive that developers build less housing overall. Making it vol…

Eliza Relman   


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2 mins read

The sharp rise in US immigration explains why the labor market is so loose and the housing market is so tight, JPMorgan says

Immigration has added close to 3.3 million people to the US in 2023 and 2024. JPMorgan explains the…

Filip De Mott   


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5 mins read

The economy is fantastic — unless you want a new job, a new home, or a new car

High mortgage rates, expensive auto loans, and a static labor market make it hard for people to mov…

Emily Stewart   


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1 min read

The steepest mortgage-rate plunge since 2008 is boosting homebuilder stocks to fresh highs

Shares of Toll Brothers, Lennar, and DR Horton as well as a homebuilder ETF have all notched new re…

Jennifer Sor   


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3 mins read

A trusted indicator is fueling recession warnings from Jeremy Grantham and other gurus. What you should know about the Leading Economic Index.

The Leading Economic Index has declined for almost two years, fanning recession fears among top inv…

Theron Mohamed   


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4 mins read

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   


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2 mins read

The nation's largest homebuilder says more buyers are cancelling deals amid growing real-estate market pessimism

Nearly 1 in 4 buyers canceled contracts with D.R. Horton, the nation's biggest homebuilder, this pa…

Alcynna Lloyd,James Rodriguez   


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5 mins read

A Gen Xer with paralysis says he has no choice but to drive for Uber and Lyft to earn a paycheck here's how he makes it work

Robert, 56, drives for Uber and Lyft but said he has no other options to supplement his disability …

Noah Sheidlower   


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11 mins read

Newcomers flocked to Zoomtowns. Now long-time residents are fighting back.

America's midsize cities exploded over the past few years. Now residents, new and old, are fighting…

Emily Cataneo   


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2 mins read

Homebuilder confidence drops to the lowest in 10 months as high mortgage rates freeze the housing market

"The housing affordability crisis can only be solved by adding additional attainable, affordable su…

Phil Rosen   


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3 mins read

3 signs the housing market is slowing down

A vibe shift is happening in the housing market. Experts point out three underlying fundamentals th…

Alcynna Lloyd   


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2 mins read

Biden just unveiled a new plan to make housing more affordable as Congress dithers on their economic agenda

The White House plans to use federal dollars to entice cities to build more affordable single famil…

Alcynna Lloyd,Joseph Zeballos-Roig   


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4 mins read

Homes made in factories were supposed to save us from the housing crisis, but the companies that make them are failing

Factory-built homes could help solve the housing-affordability crisis, but the companies attempting…

Eliza Relman