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The housing market is a bellwether for the broader economy, and a key group of buyers has been slowly dwindling since 2010.
The median U.S. home sale price dropped 1.2% in February, marking the first year-over-year decline in a decade, according to a new report from Redfin.
But Goldman Sachs has warned prospective home sellers that the housing market downturn is expected to worsen in 2023. And for interested home buyers, this doesn’t necessarily mean lower home prices.
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Homebuyer Demand Plunge to Lowest Level in 30 Years - MSN
Homebuyer demand for mortgages is now at the lowest level in 30 years, according to data from the real estate analytics tool Reventure App. Newsweek contacted the Mortgage Bankers Association for ...
Looking to get that mansion off your back? Now’s not a great time. Luxury home sales in the United States plunged 38.1% year-over-year in the three-month period ending on Nov. 30, according to a ...
Here are some of the key indicators that economists track to understand economic health and where we might be headed. Real GDP. A prolonged slowdown or outright decline in GDP growth may be a ...
NEW YORK, Jan 8 (Reuters) - U.S. homebuyer confidence improved in December, with more homeowners anticipating that mortgage rates would fall further this year, but it could take sometime for ...
After all, the economy expanded 2.5% in 2022 as a whole despite the decline in 1Q22. What is more concerning is the potential impact of tariffs, which is likely to cause a more substantial ...
The US economy shrank slightly less in the beginning of the year than previously reported, new data shows, but it was still the first quarterly decline since 2022, in a sign of how President ...
The US economy shrank at the start of the year, ... That compared with an initially reported 0.3% decline. Home BTV+ Market Data Opinion Audio Originals Magazine Events. News.
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