Existing Home Sales Rebound in October, Prices Hit Record Highs  October brought a glimmer of hope to the U.S. housing market, as existing home sales managed to rebound after months of disappointing performance. The market had been stuck in a rut, with sales declining in six of the prior seven months and plunging to the lowest levels since 201...

U.S. Housing Market Faces Potential Crash Amid Rate Hike Effects  For the past two years, the Federal Reserve's approach to raising interest rates seemed to defy expectations, with home prices continuing to climb despite tighter financial conditions. This phenomenon, akin to "Erdoganomics," occurred because the housing market was dominated by ...

Housing Starts Plunge, Permits Drop: What's Next for Homebuilders?  The recent ups and downs in housing permits, starts, and completions are poised to continue, as seen in the latest data. Following a significant surge of 10.7% in February, housing starts plummeted by 14.7% month-over-month in March, a much steeper decline than the anticipated...