What goes up must eventually come down. For years, the California housing market was on the cutting edge of "Housing Bubble 2" as we witnessed home prices in the state soar to absolutely absurd levels.
'Not everything is coming up perfectly roses,' says one housing-watcher
Higher mortgage rates and overheated home prices hit Southern California home sales hard in September.
Looking for a severe real estate bust? Try Australia or California. Both represent ground zero.
As the housing market stagnates, American homeowners are staying put for the longest stretches ever
New Home Sales (SAAR) in September plunged to their lowest since Dec 2016, crashing 5.5% MoM (and revised dramatically lower in August)... Maybe Trump has a point on Fed rate hikes?
New home sales plunged in September, falling 5.5 percent to an almost two-year low amid pressures from rising interest rates that have hammered the real estate market.
Many are claiming that this time will be different than the last. This should concern just about everyone.
Existing home sales declined 3.4% in September. This was the 6th month and the 5th month below the consensus estimate.
With US homebuilder stocks having their worst year since 2007, hope is high that September will show the long-awaited rebound in home sales (despite a soaring mortgage rate).
Starts, permits, and completions are down across the board as home buying continues to weaken.
Real home price growth looks to have already entered a cyclical downturn that is likely to intensify as affordability worsens...
The availability of up-to-date and accurate data is a fundamental requirement for the vast majority of industry sectors. Whether it's Facebook exploring where we like to eat or major credit institutions attempting to ascertain our financial health
After a couple decades creating theater sets in Amsterdam, Oep Schilling and his company of makers Fiction Factory, put their CNC expertise and resources into building a prefab tiny house, using cardboard as the main structural element.
Towards the end of economic expansions, interest rates usually start to rise as strong loan demand bumps up against central bank tightening.
The BLS says wages are rising faster than the CPI. Prospective home buyers would not agree.
With unaffordability reaching levels not seen in decades across some of the most expensive urban markets in the US, a housing-market rout that began in the high-end of markets like New York City and San Francisco is beginning to spread.
The above chart plots sales, held for sale, sold, and starts. It doesn't quite add up, but it's close.
We Austrian economists frequently cross swords with our Keynesian foes on all manner of economic analysis and government policy recommendations.
The number of "For Sale" signs is growing in North Texas' housing market.
Further to opening our eyes to new perspectives on our environment, we are beginning to see how drones can also play very active roles in its construction.
It's been a rough year for Manhattan's home sellers, and they're not about to catch a break any time soon.
Thanks to an influx of demand from Chinese nationals and other foreigners, Vancouver's housing market soared in the post-crisis years, with prices more than doubling to levels that were clearly unsustainable, cementing the Pacific Northwest metropoli
Sooner or later, higher mortgage rates (which are keyed off of the 10-year treasury yield) were always bound to start slowing the housing market.
By nearly any measure, this city is booming. The unemployment rate is below 3 percent. There is so much construction that a local newspaper started a "crane watch" feature. Seemingly every week brings headlines about companies bringing high-payi
Interest rates on U.S. 30-year fixed-rate mortgages increased to their highest levels in more than seven years in line with bond yields which rose on the view of sturdy economic growth and heavy debt supply, data from Freddie Mac showed on Thursday.
Pending home sales plunged in August, dropping 1.8% MoM (almost four times worse than expected) to its lowest since Oct 2014 (and fell 2.5% YoY) - the fourth month of annual declines in a row...
A home to float your boat! Florida man is building a sleek $250,000 three-bedroom 3,000sq ft pad from eight SHIPPING CONTAINERS
Evidence The Housing Bubble Is Bursting?: "Home Sellers Are Slashing Prices At The Highest Rate In At Least Eight Years"