Housing market headed back to a 1980s-style recession, Wells Fargo says
It's all because of "higher for longer" mortgage rates, the bank said.
Source: fortune.com
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How the Housing Slowdown Impacts the Fed's Inflation and Economic Targets
"Eventually this should spill over and begin to impact jobs growth and the labor market," Macquarie's head of economics David Doyle told Insider.
Source: businessinsider.com
Where is the housing market headed in 2023? Here are the predictions
Investment firms all agree the U.S. housing market is in the middle of a major slowdown \u2014 but they vary when it comes to their forecasts on U.S. home prices.
Source: ksl.com
Housing market predictions 2023: Will home prices crash?
Many real estate analysts have downgraded their forecasts as mortgage rates continue to hover around 7%. Here are the varying predictions for what will happen to U.S. home prices in 2023.
Source: deseret.com
U.S. new home sales rebound in August after declining in July-Xinhua
U.S. new home sales rebound in August after declining in July-
Source: english.news.cn