The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Source:…
Posts published in “northeast”
Amid fighting over the federal funds rate, NAR says home sales were 0.7 percent lower in May than a year ago as inventory rose to…
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts. …
The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue…