Latest Updates Around The World
“For years, analysts have held out hope that the aging baby boom generation would trigger the ‘Silver Tsunami’ – a massive wave of homes being unlocked and coming back onto the market,” the paper said. report declared. “However, new data indicate that the Tsunami may instead hit the beach as a gentle, rolling wave.” California’s […]
“Financially, the American dream shouldn’t be homeownership, it should be financial independence,” said Robert Johnson, CEO of Economic Index Associates and a professor at Creighton University, said in the report. “People fall prey to stories of individuals realizing substantial profits by buying a house and selling it years later at a much higher price.” He […]
MBA economists Mike Fratantoni, Joel Kan and Judie Ricks wrote that forecasts for 2025 show GDP growth of 1.6% and a 35% chance of a recession in the next twelve months. Growth is expected to remain within a narrow range of around 1.5% to 1.7% between 2026 and 2028, the forecast said. The outlook comes […]
In recent years, the housing market has been determined more by what didn’t happen than by what did happen. Homeowners didn’t move. The stock has not been rebuilt. Affordability has not improved significantly. Extremely low pandemic-era mortgage rates created a lock-in dynamic unlike anything seen in modern housing history, freezing mobility and pushing existing home […]
“Boston remains a top five market nationwide economically, in terms of job stability, manufacturing, education, biotechnology and technology, the bottom line being lower unemployment and higher wages,” he said. “It really has a global appeal, and that’s not even counting the kind of European lifestyle of Boston, with all its history.” He added that the […]
“Today’s buyers aren’t just looking for a home – they’re looking for a sense of community,” said Chris Lim, Chief Growth Officer of REMAX. “It is the job of real estate professionals to help potential buyers find homes and neighborhoods that meet their financial needs while supporting the way they want to live.” Affordability and […]
However, the recovery is expected to remain slow, with existing home sales well below normal levels and broader political and economic uncertainty keeping the outlook fragile. Realtor.com predicts that the average 30-year mortgage rate will hover around 6.3% in 2026 – slightly below the 2025 average of 6.6%. That’s according to Chief Economist Danielle Hale […]
The FHFA HPI is a collection of publicly available home price indexes that measure changes in the value of single-family homes using data from all fifty states and more than 400 U.S. cities dating back to the mid-1970s. The index noted that the U.S. housing market has seen positive annual appreciation every quarter since early […]
More than half (56%) of businesses cited housing affordability as the biggest challenge in 2026, with rising costs (36%) and local economic conditions (35%) also driving a large response share. Despite these persistent headwinds, companies are cautiously optimistic. Thirty-eight percent expect profitability to increase in 2025, compared to 30% in 2023 – the last time […]
