In February, Zillow's housing economists predicted a modest 0.5% rise in nationwide U.S. home prices over the forthcoming year. Surpassing expectations, these nationwide prices not only escalated but also reached an unprecedented high. The primary driver behind this was a notably tight housing inve

Some concerning news from China last week. The Chinese real estate market, epitomized by companies such as Country Garden Holdings, plays a crucial role in the global economic ecosystem. Recently, shares of Country Garden Holdings plummeted to a historic low following the issuance of a profit warnin

  Mortgage rates experienced a significant surge on Monday, reaching 7.48% on the 30-year fixed mortgage, the highest since November 2000, due to rising bond yields. These increases in bond yields are driven by investors' worries about prolonged high interest rates and inflation. Matthew Graham of