The 'unique' housing market zig zags again as existing-home sales decline amid volatile mortgage rates

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Mario Gabelli is bracing for a 2nd-half recession, more banking fallout, and pressure on stocks and house prices. The billionaire investor told us why.

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Mario Gabelli
Mario Gabelli.

CFA Institute

Properties in Austin have skyrocketed in value over the last 25 years. Here are the top 10 US areas where house prices have grown.

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Austin, Texas
Texas dominated the list, with five of the top spots taken by metro areas in the state.

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The banking fiasco threatens lending, commercial real estate, and economic growth, Wharton professor Jeremy Siegel says

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Jeremy Siegel, Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, on an interview on December 30, 2014.
Jeremy Siegel.

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US house prices may tumble another 8% this year as homebuyers feel the squeeze, KPMG says

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US house prices are likely to fall further this year, KPMG says.

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The US housing market is in recession - and the pandemic has created a unique economic headache, elite strategist Liz Ann Sonders says

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Liz Ann sonders
Liz Ann Sonders.

Screenshot via Bloomberg TV

Nobel laureate Paul Krugman says he's confused by the current US economy - and predicts the Fed will keep fighting inflation until it's clearly won

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Paul Krugman.

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Brace for a home improvement slump as consumers battle inflation, debt, and pressure on house prices, Home Depot warns

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Shoppers at The Home Depot.

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US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says

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Home prices
Home prices could fall by a further 9% this year despite a pullback in mortgage rates, according to Jeff Taylor.

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Home prices have gone down slightly month-over-month, but we aren't likely to see a huge drop in 2023. Here's why.

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