According to a new report, Gen Z moved at rates far above national averages in 2023.

“Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summary of Economic Projections, suggest increased Fed confidence that a soft landing has been achieved and inflation is headed sustainably to 2%,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.

The average down payment now takes nearly 7.5 years to save up, and the effect that stat is having on the market is adding to the number of cost-burdened Americans nationwide.

A CNN analysis of CFPB lending data reveals that Navy Federal Credit Union has been denying people of color home mortgages at rates much higher than seen elsewhere.

"Metro markets in southern states will likely outperform others due to faster job increases, while markets in the Midwest will experience gains from being in the most affordable region,” said Lawrence Yun, the NAR’s Chief Economist.

As widely expected by many, the Federal Open Market Committee chose to leave the nominal interest rate alone moving into next year, based on a litany of data.

Here’s how much housing experts predict that national home prices will appreciate over the next two years, with larger gains being predicted for beyond 2026.

Americans continue to have a dire view of their housing prospects, as only 14% of those surveyed reported having a positive outlook on the U.S. housing market.

“The new partnerships that we are announcing today underscore our strong and enduring commitment to energy efficiency and climate resiliency for our nation’s communities, homes, buildings, and infrastructure. It also underscores our commitment to sharing research on climate impacts faced by those most at risk,” said U.S. Secretary of Housing and Urban Development Marcia L. Fudge.

A combination of “inflation, high prices, soaring mortgage rates, and low housing supply caused 2023 to go down as the least affordable year for housing in recent history,” said Redfin Senior Economist Elijah de la Campa.