U.S. markets open in 3 hours 53 minutes
  • S&P Futures

    3,773.25
    -30.00 (-0.79%)
     
  • Dow Futures

    30,120.00
    -245.00 (-0.81%)
     
  • Nasdaq Futures

    11,550.25
    -90.50 (-0.78%)
     
  • Russell 2000 Futures

    1,761.20
    -20.30 (-1.14%)
     
  • Crude Oil

    86.15
    -0.37 (-0.43%)
     
  • Gold

    1,721.70
    -8.80 (-0.51%)
     
  • Silver

    20.72
    -0.38 (-1.80%)
     
  • EUR/USD

    0.9936
    -0.0050 (-0.50%)
     
  • 10-Yr Bond

    3.6170
    0.0000 (0.00%)
     
  • Vix

    29.40
    -0.70 (-2.33%)
     
  • GBP/USD

    1.1400
    -0.0075 (-0.65%)
     
  • USD/JPY

    144.3430
    +0.1440 (+0.10%)
     
  • BTC-USD

    20,126.65
    +221.01 (+1.11%)
     
  • CMC Crypto 200

    455.86
    +10.42 (+2.34%)
     
  • FTSE 100

    7,000.90
    -85.56 (-1.21%)
     
  • Nikkei 225

    27,120.53
    +128.32 (+0.48%)
     

Housing Market: For Once, a Positive Development for Buyers

·3 min read
Housing Market: For Once, a Positive Development for Buyers

"The U.S. housing market continues to move toward more evenly balanced supply and demand compared to the 2021 frenzy," Danielle Hale, Realtor.com's chief economist, said in a statement. "Our July data shows elevated mortgage rates left many buyers tightening their budgets and sellers responding with price reductions, while home shoppers who kept searching saw more available options." Meanwhile, "new listings declined in July, suggesting that some prospective sellers are wondering what recent market shifts mean for their plans to list," Hale said.