Marketwatch

Recession Coming, Says NAHB CEO Jerry Howard

NAHB CEO Jerry Howard cites decreased demand due to rising mortgage rates and supply chain impediments to homebuilders.

FOR SALE

Canadian Real Estate Investors Offloading

Bloomberg reports that Investors, who make up one fifth of Canada’s homebuyers, are looking to sell as rising interest rates cut into profit.

Home Prices Set to Rise and Fall Across the U.S.

Corelogic and Fortune analyzed U.S. markets for signs of home price drops. Markets set to see drops include San Francisco, Boston and Philadelphia. Markets likely to avoid drops include Nashville, Houston and Phoenix.

Massive Rise in Foreclosures

ATTOM Data finds that foreclosures have risen 219% since the beginning of 2022, with 96% of U.S. metros experiencing an annual rise in foreclosures.