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Tight U.S. Housing Market Cools in 2022, Thanks To Rising Mortgage Rates

Tight U.S. Housing Market Cools in 2022, Thanks To Rising Mortgage Rates

by Mrinalini Nayak | Mar 12, 2023 | Economy, Housing

Home prices continued to decline nationally in December, for the sixth month in a row, a sign that high mortgage rates are continuing to deter potential buyers.  The seasonally adjusted S&P CoreLogic Case Shiller home price index declined by 0.3%, compared to last...
Five things to watch out for in the upcoming Case-Shiller report

Five things to watch out for in the upcoming Case-Shiller report

by Pete Tomao | Apr 25, 2022 | Economy, Housing

Home prices have risen at record levels since the pandemic began, increasing 18.8% from December 2020- December 2021, a single year record.   The new Case-Shiller housing indicator, which will be released on Tuesday, is expected to show continued growth in home...
Pandemic housing market strains Black-White homeownership gap

Pandemic housing market strains Black-White homeownership gap

by Pete Tomao | Apr 2, 2022 | Economy, Housing

Elisha Cleary, an Albany realtor, was tired of the headaches of renting—cramped space, uncertain rental prices and crazy neighbors. But she was a single parent, with one income. And as an immigrant and daughter of a single mother, she didn’t have family wealth to help...
Home prices soar in January, as housing market remains tight

Home prices soar in January, as housing market remains tight

by Pete Tomao | Apr 2, 2022 | Economy, Housing

Home prices continued to soar in January despite rising mortgage rates, as low inventory and high demand squeeze the housing market.  Nationwide home prices increased 19.2% from January 2021 to January 2022, according to the S&P CoreLogic Case-Shiller housing...
Housing price growth reached 34-year peak in 2021

Housing price growth reached 34-year peak in 2021

by Molly Boigon | Feb 24, 2022 | Economy, Featured, Housing

Housing prices in the nation’s largest cities increased last year at the fastest pace in three decades, though rising mortgage rates could cool the red-hot market this year. National home prices rose by 18.8% from a year earlier, according to the S&P CoreLogic...
Home prices continued soaring in January, fueled by a tight housing market

Home prices continued soaring in January, fueled by a tight housing market

by Gabriel Poblete | Apr 15, 2021 | Economy, Featured, Housing

After a strong showing in the second half of 2020, home prices continued their rapid growth in January, as the housing market remains squeezed by vigorous demand. National home prices saw 11.2% growth in January compared to last year, according to the latest...
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Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.
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