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Spending on home renovations has remained resilient as elevated mortgage rates and skyrocketing home prices have frozen out many would-be buyers. That’s kept U.S. home sales in a slump, limiting the ...
Lowe’s and Home Depot leadership are blaming high mortgage rates for the numbers. If interest rates are high and homes aren’t selling, then people aren’t going to Home Depot and Lowe’s to buy the ...
Redfin forecasts a 1% drop in US home prices by year’s end and reports a near-record rate of canceled home purchases, highlighting a cooling market amid high mortgage rates and rising inventory.
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The Mirror US on MSNHome Depot sales and customer numbers plunge in 2025 amid major financial uncertaintyBilly Bastek, Executive Vice President of Merchandising at Home Depot, stated during an earnings call on May 20 that ...
President Trump fired new salvos in the global trade war, threatening a 50% tariff on imported goods from the European Union and new duties on iPhones and other smartphones made overseas. Dow ...
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WDAM on MSNRising insurance costs causing issue on Gulf CoastNonrenewals grow on the Gulf Coast. Many Mississippians are now opening mailboxes to find letters of “nonrenewal,” as ...
The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...
Only 17% of California households could qualify to buy in 2025’s first quarter, according to calculations from the California ...
More than 14% of pending home sales in April were canceled. Buyers continue to be hesitant amid the nation's economic ...
Even with persistent economic and mortgage rate uncertainties on the minds of many American homebuyers, "April was a strong month for new home purchase activity," according to Joel Kan, MBA’s VP and ...
Based on application data, the MBA projected new home sales to be 724,000 so the 743,000 figure isn’t too surprising.
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