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Low-end single-family rental gains were up by 4.6% on an annual basis in July, compared to 2.3% growth for high-end rentals, CoreLogic researchers found. ....
Recent rent and house price declines are only just starting to show up in the CPI and will likely drag down headline CPI through 2024, economists said. ....
After a slump in June, new home sales grew 4.4% in July. New home prices have declined year-over-year for the past four months, smoothing the affordability crisis. ....
The 30-year fixed-rate mortgage this week climbed to 6.96%, according to Freddie Mac. Housing economists said rate are likely on their way downward in the coming months. ....