File – Federal Reserve chairman Jerome Powell speaks during a news conference, Wednesday, Feb. 1, … [+] 2023, at the Federal Reserve Board in Washington. On Wednesday, the Federal Reserve ...
Tag: house prices
CPI Housing Costs Remain Elevated, Industry Data Disagrees, Here’s Why
Jerome Powell, chairman of the US Federal Reserve. January CPI data was broadly encouraging, but may … [+] not be enough to change the Fed’s plans to hike rates at future meetings. Photogr...
Want To Know Where House Prices Are Heading In 2023? Watch Mortgage Rates
SAN FRANCISCO – JANUARY 30: A for sale sign is seen on a single family home January 30, 2008 in … [+] Vallejo, California. According to the California Association of Realtors in December s...
House Sale Profits Exceeded £100,000 For The First Time In 2022
Photo by Cate Gillon/Getty Images Getty Images The average long-term homeowner in England and Wales made a gross profit north of £100,000 for the first time when they sold up in 2022. The average sell...
Housing Market Downturn – Is A Recession On The Horizon?
What should we expect from the U.S. housing market (Photo by Tim Boyle/Getty Images) Getty Images The second half of 2022 has seen declining house prices. However, prices remain up year-on-year based ...
Fed Chair Calls Housing Market “Very Overheated”
Fed chair Jerome Powell, sees that the U.S. housing market is under stress and thinks that may be … [+] necessary for the economy. (Photo by Tim Boyle/Getty Images) Getty Images Jerome Powell sa...
Mortgage Rates Are Closing In On 7%, Signaling Risk Of House Price Declines
MIAMI – JUNE 23: (Photo by Joe Raedle/Getty Images) Getty Images For much of last year you could get a 30-year mortgage at around a 3% rate. Now mortgage costs are closing in on 7%. That’s a dra...
As Mortgages Spike Dramatically, Should We Expect A House Price Crash?
PARK RIDGE, IL – JULY 27: What’s does current data suggest about the U.S. housing market? (Photo by … [+] Tim Boyle/Getty Images) Getty Images While the U.S. flirts with recession, o...
What’s Next For U.S. Inflation?
An Exxon Mobil gas station in Big Spring, Texas, US, on Tuesday, June 21, 2022. Photographer: … [+] Matthew Busch/Bloomberg © 2022 Bloomberg Finance LP June saw an unwelcome spike in U.S. inflat...