US home sales tumble; higher prices, mortgage rates eroding affordability
US home sales fell by the most in a year in February as a perennial shortage of houses and double-digit price growth continued to squeeze first-time buyers out of the market.
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US home sales fell by the most in a year in February as a perennial shortage of houses and double-digit price growth continued to squeeze first-time buyers out of the market.
Florida drivers are paying nearly a $1.50 more at the pump than they where this time a year ago, when many people were still able to work from home.
As President Joe Biden announces a U.S. ban on all imports of Russian oil and gas, the national gas price average continues to rise.
US home prices saw their biggest increase in at least 34 years in 2021, according to data released Tuesday, as buyers spent the year snapping up homes and builders struggled to keep up.
The estimated rate of annual sales also dropped in January to its slowest pace since July.