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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. Home prices are falling in housing markets that saw record home sales throughout the pandemic as soaring interest rates continue to price out prospective buyers. Fri, 11/18/2022 - 10:20. The typical U.S. home value rose just 0.1%

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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%