Real Estate Markets

Record home prices and higher mortgage rates in May made it the most expensive month since 2006 to buy a home, prompting more buyers to give up and pressuring sellers to cut asking prices.The National Association of Realtors’…

The housing boom of the past two years propelled U.S. home prices to record highs throughout the country. But in hundreds of cities, the red-hot market hasn’t yet brought back prices to where they stood about 15 years ago.Prices fell so…

Rapidly rising mortgage rates and record home prices are cooling the U.S. housing market, as April sales dropped for the third straight month and fell to their weakest pace in nearly two years.Existing-home sales slipped 2.4% in April from…

Home Depot HD -0.95% boosted its outlook for the year after reporting first-quarter sales rose 3.8%, as fewer shoppers spent much more per shopping trip.…

More than a decade ago, Sun Hongbin was forced to sell his property business to a rival after a Chinese government crackdown on soaring housing prices caused it to run short on cash.The China-born businessman said he learned his lessons…

Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made it difficult for buyers to compete.Existing-home sales fell 7.2% in February from the prior month to a seasonally…

The era of ultralow mortgage rates is over. The average rate for a 30-year fixed mortgage topped 4% for the first time since May 2019, Freddie Mac said Thursday. At the…

The Fed is looking to cool demand and control inflation. Photo:…

Over the past two decades, London’s high-end property market was overrun by the global superrich led by Russian oligarchs who did so many big, brash deals that locals called the city Londongrad.A mansion just a stone’s throw from Kensington…

The dream of homeownership has grown more out of reach for middle-class Americans during the pandemic.The surge in home prices and sharp decline in the number of homes for sale have made home buying more difficult for many Americans…