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.
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 University of Michigan’s index plunged to 47.6 in April — shattering the prior floor set during the 2022 inflation crisis.
The Iran war, trade chaos, and a shifting geopolitical landscape are converging into what could be the defining economic moment of the decade.
Gen Z is furious about AI, and so is the American countryside.
US military says no ships pass through its operation to seal off Iranian ports in first 24 hours