Andrew Caballero-Reynolds | AFP | Getty ImagesThe rate at which home prices grow is slowing down.U.S. home prices increased 0.6% from a month before in February, in line with the 0.6% average monthly gain in the roughly eight years leading up to the Covid-19...
Westend61 | Westend61 | Getty ImagesWhile inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found.If home prices increased at the same rate as inflation since 1963, the median price of a typical house in the U.S....
Portra | E+ | Getty ImagesSpring is almost here — and people looking for a new rental face a competitive market.Asking rent prices in the U.S. jumped to $1,959 in February, according to Zillow Group’s latest Rental Market Report. That’s up just 0.4% from...
Skynesher | E+ | Getty ImagesFactors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts.Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their...
Sonali Pier is a portfolio manager with PimcoPimco’s Sonali Pier strives for outperformance.The youngest of three and the daughter of Indian immigrants, Pier set her sights on Wall Street after graduating from Princeton University in 2003. She began her career...
