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Mortgage Rates Rise Most Since Mid-December Why Their Next Move Could Be Down

If rates retreat, more home buyers may step back into the market.

Shaina mishkinBob broeksmitSam khaterLawrence yunFreddie macScott olson gettyFederal reserveNational association of realtorsMortgage bankers associationGetty imagesDow jones marketNational associationRealtors chief economist lawrence yun

Home Prices Show No Sign of Dropping Supply Is Still an Issue

Prices gained 6.1% in December from a year ago, Case Shiller says.

Briand lukeShaina mishkinJoe raedle gettySp dow jonesLawrence yunNational association of realtorsGetty imagesDigital assetsNational associationArticle normalEconomic performance indicatorsHome sales housing affordability figuresEconomic newsHousing prices figuresReal estate marketsCommodity markets

Home Prices Hit a High in 2023 Limited Supply Fuel Gains

Prices gained 6.1% in December from a year ago, Case Shiller says.

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Home Buyers Are Back in the Market They re Shrugging Off Higher Prices and Mortgage Rates

That’s not to say house hunters have it easy. Buyers particularly first-timers still face high costs and low supply.

United statesAl bello gettyOrphe divounguyShaina mishkinLawrence yunDouglasc yearley jrRyan schneiderNational association of realtorsNational association of realtorFederal reserveGetty imagesNational associationApollo global managementArticle normalBuilding constructionResidential building construction

Existing Home Sales Rise to Highest Level Since August Supply Is Inching Up

Homes on the market in January increased to 1.01 million, up 2% from the month prior, a trade group said.

United statesShaina mishkinLawrence yunJustin sullivan gettyMortgage bankers associationNational association of realtorsGetty imagesNational associationArticle normalFinancial performanceSales figuresCorporate industrial newsEconomic performance indicatorsHome sales housing affordability figuresEconomic newsHousing sales figures

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