U.S. house price growth slowed sharply in March, likely as rising mortgage rates weighed on demand, data showed on Tuesday.
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The US Federal Reserve's favored measure of inflation remained unchanged in April, according to government data published ...
US home prices reached a record high in March, reflecting the housing market’s persistent affordability crisis.
Expenses including taxes, insurance and utilities all soared during a period of high inflation across the economy.
The US job market showed a softer side in April when just 175,000 jobs were added, marking one of the weakest months in the ...
The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Pandemic-related supply chain disruptions, Russia’s invasion of Ukraine and excess savings have all resulted in one thing: ...
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about ...
WASHINGTON (Reuters) - U.S. house price growth slowed sharply in March, likely as rising mortgage rates weighed on demand, data showed on Tuesday. Prices edged up 0.1% in March after surging by an ...