Download July Market Report NVRA Market Reports are sponsored by the North Country Federal Credit Union The U.S. housing market has continued to cool, as rising mortgage rates and record-high sales prices have stifled affordability, weakening demand and pricing out a multitude of buyers. Nationally, median household income has failed...
WASHINGTON (July 21, 2022) – Lawrence Yun, chief economist for the National Association of Realtors®, today told the U.S. Senate Committee on Banking, Housing, and Urban Affairs that he does not foresee a nationwide decline in home prices despite indications that price growth is set to slow. Yun testified that...
[wpforms id=”1425266″ title=”false” description=”true”]
[wpforms id=”1425267″ description=”true”]
Download June Market Report NVRA Market Reports are sponsored by the North Country Federal Credit Union Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May,...
Download May Market Report NVRA Market Reports are sponsored by the North Country Federal Credit Union After two years of record-setting activity, there are signs the housing market might be cooling. High home prices and a surge in mortgage interest rates are slowing buyer activity, with home sales declining for...