Tighter financial conditions continue to loom over markets
The year-over-year sales decline was markedly smaller than the drops reported in recent months
Regulatory change likely on the way following bank sector turmoil, Fitch says
April's average price tumbled 7.8% from a year ago, but was still roughly 4% higher than the March average.
Deal activity settling at lower level, post-pandemic, Crosbie & Co. reports
The move follows pledges to review housing as an asset class
The rating agency downgraded 11 U.S. banks and lowered its rating outlooks on nine others
Housing market, bank liquidity and the commercial real estate sector top the regulator's list of concerns
Average price to top $700,000 in 2024
Average price down 15%, new listings down 44% year over year