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Home Prices Plateaued in October as Rising Mortgage Rates Put Pressure on Buyers’ Budgets

Pro Builder

Home Prices Plateaued in October as Rising Mortgage Rates Put Pressure on Buyers’ Budgets. On the flip side, home prices continued to rise in affordable metros like Milwaukee, Hartford, and Kansas City, which saw gains of 0.9%, 0.9%, and 0.8%, respectively. Fri, 11/18/2022 - 10:20. The typical U.S.

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June Asking Rents Posted Smallest Increase Since October as Landlords Respond to Falling Demand

Pro Builder

A fast-faced rental market seems to be slowing as renters burdened by high inflation lower their budgets. After seeing record growth throughout the pandemic, the rental market appears to be losing steam as tenant budgets tighten amid fast-rising inflation, Redfin reports. Wed, 07/13/2022 - 10:51. Asking rents rose by just 0.7%