Economy Sep 28 Why renters are increasingly outnumbering homeowners in the suburbs of major cities By John Yang, Andrew Corkery
Politics Mar 17 Tariffs on lumber, appliances set stage for higher costs on new homes and remodeling projects The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential… By Alex Veiga, Mae Anderson, Associated Press
Economy Feb 20 What experts are forecasting for renters and homebuyers this year Stubbornly high mortgage rates, rising rents and a lack of affordable housing have contributed to fewer home sales and rising homelessness for the past three years. 2025 might not look much different, experts say. By Kenichi Serino
Economy Oct 25 Trump allies hope a win means changes to the mortgage system. Opponents warn it will cost consumers If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the mortgage giants Fannie Mae and Freddie Mac. By R.J. Rico, Associated Press
Nation Jul 23 June home sales fell to slowest pace since December amid high mortgage rates, home prices Home sales fell again, but housing prices climbed for the 12th month in a row. By Alex Veiga, Associated Press
Mar 27 Watch 5:39 How real estate commission changes could make buying and selling a home cheaper By John Yang, Shoshana Dubnow, Courtney Norris Buying and selling a home could get cheaper after the National Association of Realtors agreed to resolve a lawsuit and rewrite several rules that regulate how commissions are set, advertised and paid. Currently, a person selling their house pays a… Continue watching
Mar 04 China seeks ways to revive slowing economy and salvage housing market as annual congress convenes By Dake Kang, Elaine Kurtenbach, Associated Press China's efforts to restore confidence and rev up the economy will top the agenda during this month’s meeting of the ceremonial national legislature. Continue reading
Feb 26 Forecasters raise expectations for 2024 U.S. economy By Associated Press The economy looks set to grow 2.2% this year after adjusting for inflation. That’s up from an earlier forecast of 1.3%. Continue reading
Feb 22 Wall Street sees a solid 2024 ahead for homebuilders, though mortgage rates remain a wildcard By Alex Veiga, Associated Press Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year. Continue reading
Sep 10 Watch 8:13 HUD Secretary Marcia Fudge on soaring cost of buying and renting homes Home prices in the U.S. have risen around 20% year-over-year, making homeownership unaffordable for millions of Americans. A historic housing shortage is causing rental rates to spike, too, and experts say it's unlikely prices will drop significantly any time soon. Continue watching