House prices fell for a third straight month in September amid a rapidly cooling housing market. The longest streak of monthly declines in a decade is due to a soaring mortgage rateswhich were encouraged by the Federal Reserve in order to stop inflationary pressures throughout the economy. As a reminder, the S&P CoreLogic Case-Shiller National …
Home prices are falling again: what the experts say Read More »
| Jeffrey Greenberg/Universal Images Group via Getty Images Key points to remember As the housing market slows, more homeowners are choosing to upgrade their current home. Online sales and purchases of $500 or more continue to rise for Lowe’s. The company is striving to improve its efficiency and market penetration to help grow its business. …
Lowes stock rises after earnings, despite falling housing market Read More »
US home sales extend their decline as Federal Reserve tightening pushes mortgage rates higher. This has helped bring inflation under control, which is now receding from four-decade highs. But a slowdown in the real estate market also increases the risk of recession. Loading Something is loading. Thank you for your registration! Access your favorite topics …
