Express News | The second-hand housing sales volume in the usa fell to the lowest point since last October, and affordability remains a challenge.
Housing Payments See Largest Drop In 4 Years -- Market Talk
Redfin Reports Housing Payments Post Biggest Decline in 4 Years Ahead of Fed's Historic Rate Cut, Which Could Lure Buyers Off the Sidelines
Existing-Home Sales Likely Slowed in August
swhy: In the context of the Federal Reserve's interest rate cut, interest rate-sensitive real estate and manufacturing sectors may benefit.
The Federal Reserve's September meeting statement believes that progress has been made in achieving the target inflation, while job growth has slowed down and inflation and employment risks are roughly balanced. The meeting lowered the policy interest rate by 50 basis points and continued with the planned balance sheet reduction.
Fed Rate Cut Could Intensify Housing Market Competition, Redfin Says
August Existing, Pending Home Sales Reach Lowest Level Since 2020, Redfin Says
August Existing Homes Sales Expected to Ease After July Rebound
Shares of Housing-related Stocks Are Trading Higher After the Fed Cut Rates by 50 Bps, Which Could Affect Housing Demand.
Before the resolution, good news came from the usa housing market! Last week, mortgage rates hit a two-year low, and new home construction in August reached a four-month high.
The mortgage loan interest rate continues to decline, further boosting confidence in the US real estate market. Last week, the refinancing mortgage application index hit a new high of over two years, and construction permits in August rose to the highest level in six months.
U.S. Existing Home Sales Seen Hitting Almost 30-year Low in 2024, Fannie Mae Says
The increase in the number of new home starts in the United States in August reached a new high since April, as builders weigh inventory against demand prospects.
The annualized rate of new home construction in the United States in August was 9.6%, significantly higher than the market's expected 5.8% and the previous value of -6.8%; the total annualized number of new homes started in August in the United States was 1.356 million households, also higher than the market's expected 1.31 million households and the previous value of 1.238 million households, reaching the highest level since April of this year.
Study Finds 80% Reduction in Real Estate Brokerage Labor Costs
Existing Home Sales, Pending Sales Fall to Lowest Level Since Pandemic Start as House Hunters Wait for Mortgage Rates to Drop Further
Express News | Redfin Corp : Piper Sandler Raises Target Price to $7 From $4
U.S. Home Prices Continued To Grow In August -- Market Talk
US August Home Prices Rise 6.7% YoY, Redfin Says
Confidence Rises Among US Home Builders as They Await Fed Move
Redfin Reports U.S. Home Prices Rose 0.5% in August, the Biggest Increase in 4 Months
Demand for Second-Home Mortgages Fall to 8-Year Low -- Market Talk