Consumer

Kevin Warsh, who will take over as Federal Reserve chair if confirmed, emphasized his independence as lawmakers pressed him on his loyalty to Trump.

Sellers outnumber buyers nationally, but with mortgage rates and inflation up from February, the “spring housing market is still a bit of a toss-up.”

While business professionals and people in management still have the highest rates of homeownership, service occupations have seen big gains in recent years.

Though mortgage rates are ticking down and home price appreciation has dropped year-over-year, widespread economic uncertainty continues sapping demand.

Only 21% of recent homebuyers were first-timers, according to a new NAR report, with younger millennials accounting for the biggest year-over-year drop.

About 8% of Zillow users search for rental and for-sale listings simultaneously, with the share increasing in many of the country’s priciest metros.

Inflation rose 3.3% in March and consumer confidence has hit a new low. Plus, judge upholds quashed Fed subpoenas; White House pitches $10.7B cuts to HUD; more.

Though the housing market had some momentum earlier this year, economists now say a “fog of uncertainty” has settled over the spring homebuying season.

Rates fell today, but even if the situation in the Middle East improves, it will take time for the U.S. economy — and the housing market — to get back on track.

A new congressional report estimates that there are nearly 60K fewer home construction jobs now than before the president introduced “Liberation Day” tariffs.

Zillow reports an uptick in web traffic for home listings, while ICE finds that today’s market is “better supplied and more balanced than in recent years.”

The U.S. economy added 178,000 jobs in March, potentially bringing good news for household formation and mobility. But the momentum may not continue into April.

Baby boomers whose kids live elsewhere own about 28% of the nation’s large homes while millennial parents — who own about 16% — struggle for a slice of the pie.

Homebuyers and sellers appear to be hesitating, with mortgage application activity stalling as weekly average rates hit 6.46% following five weeks of increases.

New research analyzing 20 years of metro-area transactions found that homes sold off-market earned a 1.7% premium — but the findings may not apply elsewhere.

Some companies have seen their share prices drop by 30% — or more — over the past year amid sluggish housing market conditions and ongoing economic uncertainty.

Weak buyer demand and high home prices are contributing to the trend of listings lingering on the market, according to new Redfin data.

Housing advocates back most of the 21st Century ROAD to Housing Act but worry that its limits on institutional investors will impact the build-to-rent space.

Weekly average mortgage rates just hit another 2026 high — but not all of the latest economic data spells doom and gloom for real estate’s busiest time of year.

Rates fell below a key threshold in February, setting the stage for a more promising home-shopping season. Now, we could be stuck in a familiar, anemic pattern.