America has entered a housing recession, builders and brokers say. But what does that mean if you’re buying or selling a house?
Recession talk is everywhere, especially in the housing sector, as recent data on weaker housing starts and sales compounded by higher mortgage rates signal a...
Home Builders Slash Prices As Buyers Cancel Contracts, Mortgage Rates Rise
Topline Home builder confidence plunged to a new two-year low in August as higher interest rates, lingering supply chain problems and record home prices continue...
The Housing Market Is Slowing. Just Look at Lumber Prices.
Text size Home builders are seeing more cancellations following the sharp rise in mortgage interest rates. Justin Sullivan/Getty Images Lumber prices have dropped by more...