Jun 9, 2023, 3:59 PM EDT
Pending home sales slip for fifth straight month
Contracts for home sales dropped another 1.2% in March, marking the fifth straight month of declines amid rising interest rates and soaring prices.
Homebuilder confidence falls for fourth straight month
Homebuilder confidence dropped for the fourth month in a row in April as sales traffic declined despite low inventory.
Pending home sales slump
Contract signings for home sales fell in January with inventory at a record low.
Home prices surged nearly 19% last year, marking highest read ever
Home prices rose 18.8% in 2021, marking the highest annual jump on record.
Homebuilders join chorus of supply chain warnings
America’s largest homebuilders are warning that supply chain disruptions caused by COVID-19 are not going away anytime soon.
Real estate industry spends over $100 million lobbying against eviction moratorium
The real estate industry spent over $100 million lobbying Congress during the coronavirus pandemic against eviction moratoriums.