The supply of affordable housing has been a key political issue
High valuations, uncertainties loom in second half
National average home price in July was $667,317, down 0.2% from last year
Subdued consumer spending also contributed to the slow rebound
Recession was marked as GDP contracted by 0.3% in final three months of 2023
The agency says sales fell in five of seven subsectors
America’s consumers, the primary driver of economic growth, are still willing to spend, data show
Claims calmed down, and their recent rise appears to be just a blip: economist
Refinancing activity drove new issue spike, even as defaults rise
Market cap rose, alongside trading volume and value, group reports