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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...
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...
Las Vegas has one of the fastest-growing housing markets in the U.S. Its school district wants teachers to move there before it’s too late.

Las Vegas has one of the fastest-growing housing markets in the U.S. Its school district wants teachers to move there before it’s too late.

by Willa Rubin | Apr 4, 2018 | Featured, Housing, Newest

When Gabriela Kula moved to Las Vegas last fall to teach eleventh-grade English, she wasn’t sure what to expect. It didn’t have the beaches of L.A., where she grew up, or the historic vibe of Boston, where she went to college. But it had one clear advantage: the cost...

Modest growth is likely in store for March retail sales

by Mariya Pylayev | Apr 15, 2012 | Economy

B y Mariya Pylayev Retail sales likely experienced a modest increase in March, following suit with recent slower-than-expected job growth. Retail sales are predicted to rise 0.3 percent, according to a Bloomberg survey of 71 economists. The forecast follows a 1.1...

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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