With home sales having dropped sharply this past year, Fannie Mae experts discuss the impact of lowering mortgage rates and what factors drove purchase demand to increase. Here’s why the housing market is now "in a different phase of the economic and housing cycle.”
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With New Net Listings Down, Housing Market Reaches Crossroads
HouseCanary's latest Market Pulse report shows decreasing demand has resulted in a sharp drop in new listing volume, resulting in an estimated 19% decrease nationwide compared to September 2021.
Read More »Yellen: “Economic Outlook is Uncertain”
During Tuesday's Senate Banking Committee Meeting, the Federal Reserve Board Chairwoman discussed the state of the economy, and detailed that the rate increase is dependent on employment and inflation.
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