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Construction has rebounded, building permits are soaring, and prices for many kinds of house are falling. But there still just isn't much for sale.
If prices and inflation remain elevated, economists say, mortgage rates will rise.
Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If prices continue to soar,
Zillow’s Zestimate tool is under scrutiny after the company announced that it was closing down its iBuyer business, Zillow Offers.
House prices are rising at a record pace but incomes aren’t keeping up, which is making home ownership less and less affordable.