Home prices are falling, but mortgage rates will likely remain elevated into 2024, keeping a significant share of would-be buyers priced out of home purchases

A market correction is leading to a nationwide slowdown in sales activity and home price growth, but an affordability crisis could persist into 2023, experts say

Rising interest rates and home prices are forcing prospective buyers to dig deeper into their savings in order to afford more costly home purchases

Unable to compete with repeat buyers backed by equity, first-time house hunters have been sidelined for two years, and housing costs are still rising

Home purchasing activity is at a standstill, and as a result, sellers are becoming more reluctant to list their properties

Homebuyers are making larger down payments than ever before to beat out the competition in some of the nation's priciest cities

Prospective homebuyers are taking a similar approach to home purchases as they were nearly a year ago, even as the housing market inches closer to a recession

Prospective buyers are pulling back and waiting for an improvement in housing affordability in a market balancing soaring inflation and record high home prices with still-rising mortgage rates

New construction accounted for 29% of all single-family homes for sale in the third quarter of 2022, the highest share in nearly a decade and a half