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The University of Michigan’s index plunged to 47.6 in April — shattering the prior floor set during the 2022 inflation crisis.

Affordability fears, high mortgage rates, and a war in the Middle East are rewriting the rules of the housing market’s most important season.

The median existing home price rose 1.4% from a year ago even as sales fell 3.6%, the NAR reported. Experts say the market needs up to 500,000 more homes to feel normal.

After a series of setbacks, the vice-president is no longer Trump’s obvious successor

Impelled by furious competition, hefty subsidies and sheer scale, the country’s companies are cutting a swath through the world’s most advanced industries