U.S. Home-Sale Prices Ticked Up 0.25% in September
Home prices rose 0.25% nationwide in September, up slightly from 0.21% in August. Prices grew month over month in 34 of the 50 most populous U.S. metros, with the fastest growth in Philadelphia and Pittsburgh. Prices declined in 16 metros, led by Fort Worth, a major buyer’s market. U.S. home prices
Geopolitics and AI to Drive Mortgage Rates This Week as an October Fed Rate Hike Appears Unlikely
In A Nutshell: It’s a pretty light week ahead of next week’s Fed meeting, but rates are still hostage to geopolitical developments and to market views of the economic effects of AI. Last Week’s Highlights The biggest news last week was a fairly firm CPI inflation release, followed by a more innocu
Housing Market Update: Asking Prices Fall For the First Time Since March
Pending home sales inched up this week, but they’re still near record lows. What to know about the U.S. housing market for the four weeks ending October 11: Home prices are losing momentum. The median U.S. home-sale price rose just 0.5% year over year, the slowest growth rate since March. The medi

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