Buyers Strike: Pending Home Sales Drop Further, Plunge in Midwest, Near Record Lows in All Regions, as Supply Balloons by Wolf Richter • Aug 28, 2025 • 1 Comment And to top it off: cancellations of pending sales rose to a record rate in July.
Still Waiting for Lower Prices, Higher Incomes, Lower Rates: Mortgage Rates Tick Up, Demand in Deep Freeze, Supply Surges by Wolf Richter • Aug 27, 2025 • 56 Comments This buyers’ strike, which started in mid-2022, completes its third year.
Manufacturing of Durable Goods on Rebound in the US by Wolf Richter • Aug 26, 2025 • 43 Comments Boeing & jet engine makers are part of it. And the other part is the rest of manufacturing.
New Single-Family Home Prices Drop Further as Inventory Glut Grows. In the South, Inventory for Sale Hits New Record by Wolf Richter • Aug 25, 2025 • 93 Comments Homebuilder Lennar’s average selling price has dropped by 19.5% from the peak three years ago.
Big Fuss in the Media about the Government’s 10% Stake in Intel, but just Giving this Cash to Intel under the CHIPS Act Was Fine? by Wolf Richter • Aug 25, 2025 • 170 Comments The media are tangled up in their own underwear about this deal, while totally onboard with sacrificing taxpayers on the altar of Biden’s policies.
The 12 Bigger Cities with the Biggest Price Declines of Single-Family Homes (-10% to -23%) through July by Wolf Richter • Aug 23, 2025 • 47 Comments Oakland, Austin, New Orleans, Cape Coral, San Francisco, Birmingham, Washington DC, Fort Myers, Denver, Portland, Phoenix, and Sarasota.
Powell Makes Room for Rate Cut. Fed Kills “Average Inflation” Targeting that Caused so Much Damage when Inflation Raged by Wolf Richter • Aug 22, 2025 • 161 Comments Fed to “proceed carefully” with changes to policy stance amid heavy concerns about rising inflation.
Sales of Existing Single-Family Homes Crushed, Supply Highest since 2016. Condo Sales Near Low in the Data, Supply Highest since Housing Bust. Prices Begin to Bend by Wolf Richter • Aug 21, 2025 • 98 Comments Prices of condos drop year-over-year, single-family price growth “near zero.” West & South take serious hits.
Condo Prices Already Dropped by 12%-26% in 21 Bigger Cities through July. Condo Bust Takes Shape by Wolf Richter • Aug 20, 2025 • 94 Comments Oakland, Austin, San Francisco, Denver, Tampa, Seattle, New York City, Saint Petersburg, Fort Myers, Sarasota, Boise, Jacksonville, Detroit, New Orleans, Portland, Arlington, Naples, Mesa, Aurora, Reno, Scottsdale.
Where Americans Spend $1.2 Trillion a Year at Ecommerce Retailers and How that Changed Over Time by Wolf Richter • Aug 19, 2025 • 70 Comments Clothing & general merchandise online retailers are the biggie.
