Homebuyers starting to revolt over steep prices
As an inventory drought ends for listings, house hunters just aren't showing up.
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As an inventory drought ends for listings, house hunters just aren't showing up.
While inventory is rising, the quality of properties is on the decline, according to a survey of listing agents.
US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.
(Bloomberg) -- Mortgage rates in the US eased further, relieving some pressure on buyers forging ahead in a tough US housing market.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40,000 Mark: Markets WrapWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceThe average for a 30-year, fixed loan
While inventory is rising, the quality of properties is on the decline, according to a survey of listing agents.