Pending Home Sales Ticked Up from Record Low. But Now Mortgage Rates Spiked Back over 6.3% by Wolf Richter • Mar 17, 2026 • 22 Comments Home sales in February, as feeble as they were, benefitted from the lowest mortgage rates in years. Those rates are now gone.
Another Mostly Empty Office Tower in San Francisco Sells for 75% Off: Juul’s Abandoned Headquarters by Wolf Richter • Mar 16, 2026 • 45 Comments Now there’s a new wave of investor-funded tenants in town that are swimming in cash: AI companies.
Treasury Yields Jump, 10-Year to 4.28%, 30-Year to 4.90%, Mortgage Rates Spike to 6.41%, on Inflation & Deficit Fears by Wolf Richter • Mar 14, 2026 • 54 Comments US Government sold $651 billion of Treasury securities this week into these rising yields.
What it Takes to Sell Homes in this Market: Lennar Cuts Average Selling Price to 2017 Level by Wolf Richter • Mar 13, 2026 • 77 Comments Much lower margins, lower revenues per square foot, and lower construction costs. “We are adapting to market conditions as they are and not waiting for the market to bounce back”: CEO.
Core PCE Inflation Hits 3.1%, Worst in 2 Years, in Unique Twist Blows way past CPI Inflation. Driven by Core Services by Wolf Richter • Mar 13, 2026 • 29 Comments Energy spike is still to come. And today’s GDP inflation measure was revised up to 3.8%, worst since Q4 2022. The Fed needs to pay attention.
Energy Inflation for Americans by Wolf Richter • Mar 12, 2026 • 53 Comments Dropping gasoline prices since mid-2022 papered over big price increases in electricity and natural gas. But that’s now over.
CPI Inflation Rose on Food & Energy Prices, even before Gasoline Price Spike. YoY still Pushed Down by Bad-Joke OER by Wolf Richter • Mar 11, 2026 • 57 Comments The Bad Joke of Owners Equivalent of Rent (OER) explained.
Supply of Single-Family Homes Surges to Highest for February in 9 Years, Demand Stuck in the Deepfreeze by Wolf Richter • Mar 10, 2026 • 73 Comments Condo sales plunged to a record low shared with two other months.
Gasoline Prices Spike, Now up 25% since January, Diesel Prices 40%, Heating up Inflation by Wolf Richter • Mar 10, 2026 • 73 Comments California is back over $5. Prices in Texas jumped by 25% month to month, to over $3.23.
