Tag Archives: highs

Home prices hit new highs as listings decline: Redfin

Homeowners are opting to stay in place amid rising interest rates and economic uncertainty, bringing housing costs to new heights, Redfin reported. The number of active home listings dropped to 469,304 in the four-week period ending March 20, a 23% year-over-year decline, according to data released by the real estate brokerage. New homes listed for […]

Mortgage demand falls as interest rates surge to multiyear highs

A home stands for sale in a Brooklyn neighborhood on New York City. Spencer Platt | Getty Images A sharp jump in mortgage rates last week soured demand from both current homeowners and potential homebuyers, causing mortgage applications to drop. With rates now back on the expected upward trajectory, following a brief drop at the […]