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30.01.26 - 02:01
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Democrats knock Trump′s pledge to ′drive housing prices up′ (The Hill)
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Democratic lawmakers on Thursday slammed President Trump over comments he made about wanting to "drive housing prices up" for people who own their homes, with one congresswoman telling followers that he "doesn't care about making your life more affordable." During a Cabinet meeting earlier Thursday, the president said he wants to keep homeowners "wealthy." "We're......
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27.01.26 - 16:39
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US Home Prices Surged In November As Mortgage Rates Tumble (ZeroHedge)
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US Home Prices Surged In November As Mortgage Rates Tumble
For the fourth straight month, US home prices rose on a MoM basis in November (according to the admittedly lagged and smoothed Case-Shiller data released today). The 0.47% MoM rise is the hottest since Dec 2024
Source: Bloomberg
On a year-over-year basis, there is a very modest inflection higher in the price appreciation (up from +1.32% to +1.39%).
"November's results confirm that the housing market has entered a period of tepid growth," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
Regional patterns continue to illustrate a stark divergence.
Chicago leads all cities for a second consecutive month with a 5.7% year-over-year price increase, followed by New York at 5.0% and Cleveland at 3.4%.
These historically steady Midwestern and Northeastern markets have maintained respectable gains even as overall conditions cool.
By contrast, Tampa home prices are 3.9% lower ...
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21.01.26 - 16:15
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US Pending Home Sales Crash Most Since COVID, Back Near Record Lows (ZeroHedge)
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US Pending Home Sales Crash Most Since COVID, Back Near Record Lows
After four straight months of increases, US pending home sales crashed in December (-9.3% MoM vs -0.3% MoM exp), dragging sales down 1.27% YoY in 2025...
Source: Bloomberg
This is the biggest monthly decline since COVID.
“The housing sector is not out of the woods yet,” NAR Chief Economist Lawrence Yun said in a statement.
“After several months of encouraging signs in pending contracts and closed sales, the December new contract figures have dampened the short-term outlook.”
December's collapse crashed the US Pending Home Sales Index back near record lows (from 33 month highs)...
Source: Bloomberg
Housing activity typically slows in winter months and picks up more in the spring selling season. While NAR adjusts the data for these patterns, the drop was still the largest for any December in data back to 2001.
Yun said it's unclear whether the figure was a one-off or the start of a worsening trend.
Activity may pick...
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