
New single-family home sales beat expectations but still slacken in July
Builders have been forced to cut prices to combat sluggish demand

Builders have been forced to cut prices to combat sluggish demand

About 1 in 7 home purchases fell through in July as prices for existing homes overtook new builds

The DOJ has signaled it may investigate Fed Governor Lisa Cook’s real estate transactions

The Fed chair’s keynote address warned that ‘downside risks to employment are rising’

The postdated letter provides several policy recommendations related to the proposed ‘Great American Mortgage Corporation’ IPO

The former Rocket CEO will remain on the company’s board

Rates didn’t budge after easing for four straight weeks

Inventory reached its highest level since May 2020

The increasingly split central bank faces a tough choice in September

President Trump calls for her resignation after FHFA Director Bill Pulte revealed the allegations in a social media post
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