Dani Romero

High mortgage rates and impacts from Hurricanes Helene and Milton put a damper on buyer demand.

The latest Consumer Price Index (CPI) report revealed that housing costs accelerated in October, posing a lingering challenge to cool price pressures.

Many aspiring homeowners are still sitting on the sidelines even as mortgage rates have declined since this year's peak in May.

Sales of existing homes fell in September as house hunters remained on the fence about buying a home despite mortgage rates easing during the month.

Homebuilders are feeling more confident about the housing market despite a recent sharp rise in mortgage rates.

Net new orders represent the number of new sales contracts that have been finalized and signed by buyers minus customer home order cancellations booked for the period.

As housing affordability challenges persist, many Americans are finding it increasingly difficult to embark on their home-buying journey. With the 2024 US presidential election approaching, a question emerges: Who do Americans favor when it comes to resolving housing market challenges — Vice President Kamala Harris or former President Donald Trump? For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

New home sales dropped in August from the previous month as would-be homebuyers wait for mortgage rates to fall further.

US home prices hit a record high in July. The pace of price increases moderated on an annual basis.

Sales of existing homes fell in August as house hunters remained on the sidelines despite mortgage rates hitting their lowest level in over a year.