Jim Bianco Says Easing Housing Construction Restrictions Key to Cooling US Home Prices
Jim Bianco of Bianco Research calls for easing US housing construction restrictions to address soaring home prices, warning that affordability for first-time buyers is at risk.
US home prices rose 1.7% year-on-year in July, slowing from June's 1.9% gain, with major cities outpacing the national average and real housing asset values declining for three consecutive months amid inflation.
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US Home Prices Rise 1.7% in July Nationwide—Growth Slows from Previous Month
US home prices rose 1.7% year-on-year in July, slowing from June's 1.9% gain, with major cities outpacing the national average and real housing asset values declining for three consecutive months amid inflation.
US home prices rose 3.4% year-on-year in March, slowing from February, while New York led major cities with a 7.96% surge, according to S&P CoreLogic Case-Shiller data. Most metropolitan areas saw gains despite high interest rates, with national prices at record highs.
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US Home Price Growth Slows to 3.4% in March—New York Surges Nearly 8%
US home prices rose 3.4% year-on-year in March, slowing from February, while New York led major cities with a 7.96% surge, according to S&P CoreLogic Case-Shiller data. Most metropolitan areas saw gains despite high interest rates, with national prices at record highs.
US Home Prices Rise 3.9% in February - New York Leads with 7.7% Increase
U.S. home prices rise 3.9% in February, with New York leading at 7.7%, despite high mortgage rates and affordability challenges, indicating market resilience amid limited supply.
US Home Prices Rise 4.1% in January - New York Up 7.8%, Chicago 7.5%
U.S. home prices surge 4.08% in January, with New York leading at 7.75% increase, while some Sun Belt markets show weakness amid changing market dynamics.
US Home Prices Rise 3.9% Year-on-Year in December - New York Leads with 7.2% Increase
US home prices rise 3.9% year-on-year in December, with New York leading at 7.2%, as S&P Case-Shiller Index shows continued upward trend amid decreasing inventory.
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