Home price growth has slowed. But high costs, economic worries have some buyers retreating

High prices and economic uncertainty are factors pulling homebuyers back out of the housing market, experts say.

Topics

Lower mortgage rates may tempt home buyers. But these fast-rising phantom costs could sneak up on them.

Mortgage rates are down to a nearly three-month low. But if you’re thinking of buying a home, beware of these hidden costs.
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Home sales drop sharply as prices hit an all-time high for January

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.
CNBC - 1h
Walmart shares drop as retailer says profit growth will slow

Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.
CNBC - 20h
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market

Home buyers are still struggling with affordability, the National Association of Realtors said.
MarketWatch - 1h
Trump Administration Has Fired Health Inspectors at Some Border Stations

Scientists worry that the losses may open the door to human, plant and animal diseases that would otherwise have been caught.
The New York Times - 1d
Vatican says the pope now has pneumonia in both lungs. How worrying is that?

Vatican officials said that Pope Francis had developed pneumonia in both lungs, further complicating the pontiff’s recovery
ABC News - 2d
Bakeries can't beat egg prices, so your cake may cost more

Flour Bakery in Boston can’t make much with just its namesake ingredient; eggs are in just about everything from pies and cakes to brioche bread.
NBC News - 7h
Moscow loathed the U.S. for years as its economy paid a high price for war — now, it’s doing a U-turn

Moscow has denigrated the United States' leadership, economy and culture — but now things are changing amid a "revival" of Russia-U.S. relations.
CNBC - 1d
Citibank Joins Private Sector Retreat From Diversity Initiatives

In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.
Inc. - 1h

Home price growth has slowed. But high costs, economic worries have some buyers retreating

Topics

Related

Lower mortgage rates may tempt home buyers. But these fast-rising phantom costs could sneak up on them.

Home sales drop sharply as prices hit an all-time high for January

Walmart shares drop as retailer says profit growth will slow

Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market

Trump Administration Has Fired Health Inspectors at Some Border Stations

Vatican says the pope now has pneumonia in both lungs. How worrying is that?

Bakeries can't beat egg prices, so your cake may cost more

Moscow loathed the U.S. for years as its economy paid a high price for war — now, it’s doing a U-turn

Citibank Joins Private Sector Retreat From Diversity Initiatives

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