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US Housing Market Unlikely to See Much Relief in the Second Half of 2024: Experts

Foreclosure activity in the first half of 2024 has surpassed 177,400 as housing costs continue to soar.
 ‘The next few months are big’ For homebuilders

Homebuilder Sentiment Falls To Seven-Month Low Amid High Mortgage Rates

Homebuilders sentiment fell to 42 points in July, the lowest level recorded since December 2023. Homebuilders are feeling worse about the housing market than they've ever been since December 2023 as high mortgage rates curtail new home sales.
US-ECONOMY-HOUSING-RENT

Biden Announces Plan To Curb Annual Rent Hikes by Penalizing Landlords

The plan will cover more than 20 million rental units in the United States. President Joe Biden on Tuesday unveiled a proposal that aims to cap rent hikes by penalizing landlords who raise rents by more than 5% yearly.