Investment

The median U.S. home-sale price is up 3.2% year over year, the biggest increase since November, and mortgage rates remain elevated.

A new study reveals the top U.S. cities with the most historical homes and explores the pros and cons of insuring a home in these locations.

"The housing market is stabilizing after the turbulence of the pandemic, but the effects will be with us for a long time," said Zillow Senior Economist Jeff Tucker.

According to a new report from the National Association of Realtors (NAR), international buyers and investors purchased $53.3 billion worth of residential properties from the period between April 2022 and March 2023, a 9.6% reduction from the previous year.

Though prices have come down somewhat from their pandemic highs, new home sizes are shrinking as the price per square foot has nearly doubled in the last 11 years.

The Department is seeking to grow its Move to Work initiative, a program that improves housing choices for low-income families.

According to Redfin, nearly half of U.S. residents who moved in the last year believe the frequency of weather events will likely impact home values in their area within the next 10 years.

NAR reports that pending home sales nationwide rose in June, increasing in the Northeast and Midwest, while the South and West reported declines for the month.

New webpage provides details on Ginnie Mae’s Environmental, Social, and Governance (ESG) strategy, with a focus on the environmental and social impacts its MBS program offers to investors.

The OCC, Treasury Department, Federal Reserve, and FDIC have jointly issued a proposal to modify large bank capital requirements to better reflect underlying risks, and increase the consistency of how banks measure their risks.