Wage Growth vs. U.S. Home Price Growth The widening gap between U.S. home prices and wage growth has significant implications for housing affordability and economic inequality, making it harder for lower-income individuals and families to afford homes. Image: Federal Reserve Bank of St. Louis
U.S. Home Price Forecasts Morgan Stanley projects a 3% decline in U.S. home prices for 2024. However, their bull case scenario predicts a 5% increase, while the bear case scenario anticipates an 8% drop. Image: Morgan Stanley Research
U.S. Home Prices vs. Wage Growth The widening gap between wage growth and U.S. home prices has significant implications for housing affordability and economic inequality. Image: The Daily Shot
Housing Market – U.S. Home Purchase Mortgage Applications Concerns arise over the U.S. housing market as mortgage applications reach their lowest point in almost three decades, Image: BofA Global Investment Strategy
Sentiment – NAHB Home Builder Optimism Index U.S. home builder sentiment improved for the fourth consecutive month in April, which is good news for the housing market. Image: The Daily Shot
NAR U.S. Pending Home Sales Index U.S. pending home sales dropped by 33.8% YoY in December. Image: The Daily Shot
U.S. Existing Home Sales High mortgage rates do not bode well for existing home sales in the United States. Image: BofA Global Research
S&P CoreLogic Case-Shiller Home Price Index How far will U.S. home prices fall as rates rise? Image: BofA Global Investment Strategy
Housing Market – U.S. Pending Home Sales Recession is coming in the United States. U.S. pending home sales, down 30% from a year ago, are a good leading indicator of the housing market. Image: BofA Global Investment Strategy
Housing – U.S. Existing Home Sales U.S. existing home sales fell 1.5% in September as rates rise. Image: The Daily Shot
U.S. Home Prices – Case-Shiller National Home Price Index and Model-Implied Goldman Sachs expects flat U.S. home prices next year, which is good news for homebuyers. Image: Goldman Sachs Global Investment Research