Tag Archives: Lisa Sturtevant

On a year-over-year basis, the Case-Shiller Index, regarded as a leading indicator of U.S. home prices, reported a 0.3% annual decrease in April, down from a gain of 0.7% in March 2023. Click through for more on the index and expert insights on the results of this month’s index.

For the first time in 15 months, the Federal Reserve's Federal Open Market Committee moved to hold the nominal interest rate steady at a range of 5.00% to 5.25%.

Existing-home sales dropped 3.4% to a seasonally adjusted annual rate of 4.28 million units at a median price of $388,800.

As expected, the Federal Reserve raised rates again at the end of their May meeting by a quarter point—this is now the tenth-straight increase.

Based on the signs of a slowdown in the current housing market, experts analyzed the possibility of another economic downtown and the consequences thereafter. Here’s what they had to say.