The housing market in 2023 saw its worst year of sales in 29 years

Tech Insider
home sales
The US housing market saw its lowest year of sales in 2023 since 1995. Mortgage rates soared last year as the Fed kept up its fight against inflation.

(Left) Kevin Dietsch/Getty Images, (Right) Getty Images

Rates on the most popular US home loan drop to the lowest in 6 months

Tech Insider
A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.

Lance McMillan/Getty Images

Mortgage rates log biggest drop in over a year amid falling bond yields

Tech Insider
Home for sale sign housing market
"For Sale" signs are seen outside a home in Glenview, Ill., Tuesday, July 27, 2021.

Nam Y. Huh/AP Photo

China's troubled property giant Country Garden has reportedly defaulted on a bond payment

Tech Insider
A residential building of Country Garden in Fuyang City, East China's Anhui Province.
A residential building of Country Garden in Fuyang City, East China's Anhui Province.

Costfoto/Getty Images

Home prices are dropping fast in Phoenix. Here are 6 of the lowest-priced real estate listings there right now — including one at $215,000.

Tech Insider : Economy
Phoenix City Skyline
Home prices are dropping in cities that were hot spots a just a few years ago. The Phoenix metropolitan area is one of those spots — where prices are down compared to last year.

Brandon Bell/Getty Images

Americans' average rent payments have jumped to $2,047. This chart shows how affordability has evolved in the last decade.

Tech Insider
brooklyn apartment rent
A sign advertises an apartment for rent along a row of brownstone townhouses in the Fort Greene neighborhood on June 24, 2016 in the Brooklyn borough of New York City

Drew Angerer/Getty

Return-to-office policies are driving people to sell their homes - even at a loss

Tech Insider
Children ride scooters past 'open house' flags displayed outside a single family home in Los Angeles, California.
Children ride scooters past 'open house' flags displayed outside a single family home in Los Angeles, California.

Allison Dinner/Getty Images

See How Hurricane Idalia Pummeled the Florida Coast and Beyond

Gizmodo : Environment

Tropical storm Idalia has made its way through several states since it made landfall yesterday and has moved on to North Carolina after leaving a trail of collapsed homes, flooded streets, and felled trees.

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The housing market's inventory crunch deepens as listings fall for the 4th straight month in August

Tech Insider
An above shot of houses, yards, and streets.
US housing market

adamkaz/Getty Images

The genius plan that could bring down skyrocketing home prices

Tech Insider : Economy, Politics
large triplex with a price tag/New Zealand flag attached and two small homes with price tags/American flags attached
If the US wants to build more homes, slow down rent growth, and give more people a place to live, it needs to learn from New Zealand.

Tyler Le/Insider

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