Diane Whitfield
Covers residential real estate and the agents behind it, from listings and design to the deals that close.
The U.S. housing market is showing a notable shift in the balance between buyers and sellers, with new listings reaching their highest level in four years while buyer demand remains comparatively subdued.
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U.S. home buyers are entering late summer with more properties to choose from and signs of weakening demand, creating a residential market in which negotiations may become increasingly important.
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Housing affordability remained a major challenge for American households as the cost of financing a home continued to consume a substantial share of household income.
The U.S. housing market faced another affordability setback as mortgage costs remained elevated, highlighting the continuing financial challenge for households attempting to purchase homes.
