
High Mortgage Costs Continue to Challenge U.S. Housing Affordability and Buyer Demand
High borrowing costs and home prices are challenging U.S. homebuyers, while local market conditions influence their options.
Browsing:

High borrowing costs and home prices are challenging U.S. homebuyers, while local market conditions influence their options.

The Federal Reserve’s rate decision has renewed attention on mortgage costs, financing conditions, and housing affordability.

The national residential vacancy rate remained at 1.3% during the third quarter, according to property-data findings released Friday, providing another indication that unused housing inventory remains limited across much of the United States.

The U.S. housing market is entering a new phase marked by diverging construction trends, as single-family homebuilding continues to slow while multifamily development accelerates. The latest federal housing data suggest…