Tag Archives: Tariffs

Rising mortgage rates take wind out of spring homebuying sails

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Applications for purchase loans fell 5 percent last week as rates climbed to highest level since February over concerns about inflation and growing government debt. Continue reading →

Most homebuyers see a recession ahead. Some are even asking for it

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Nearly twice as many Realtor.com visitors say they would be more likely to buy if a recession hits compared to the share who say they’d be less likely to buy if the economy fails, new polling shows. Continue reading →

1 in 10 agents in Intel survey say they’ve seen tariffs blow up a deal

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Agents and brokers are already feeling the impact of new trade policies, new Intel polling shows, an indication that the brokerage business might not be as insulated from tariffs as once thought. Continue reading →

The spring sizzle fizzles: Economic jitters chill buyer demand

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Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin. Pending homes sales declined 3.4 percent year over year during the four weeks end… Continue reading →

Consumer sentiment is hurting, but economy hasn’t faltered

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The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market. Continue reading →

Builders pull back from new construction once again in April

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April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading →

Homebuyers out in force for a 2nd week as mortgage rates stabilize

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With more homes to choose from, purchase loan applications were up 18 percent from a year ago last week as buyers forged ahead despite economic uncertainty. Continue reading →

A June rate cut is now seen as off the table as Fed stays put

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Central bank policymakers need time to assess Trump administration’s “substantial policy changes” in areas including tariffs, immigration, taxation and regulations Continue reading →

Here’s why builders are slamming the brakes on new apartments

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According to a new Redfin report, building permits for multifamily units have plunged 27.1 percent from their pandemic-era highs, with new rentals now hitting the market at the slowest pace on record. Continue reading →

A ‘herky jerky’ start to the spring buyer season isn’t deterring agents

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Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better. Continue reading →