12 articles · Updated · The Wall Street Journal · May 8
In the four weeks to 3 May, sales reached their highest level since September 2022 as mortgage rates fell to 6.23% and median housing payments dropped 2.2%.
Total homes for sale rose about 1% from a year earlier to near a five-year high, helping lift transactions as buyers gained more choice.
Even so, the spring market remains slower and less competitive: typical homes go under contract in 43 days, and just over a quarter sell above asking price.
Home prices are falling, but affordability is at a low. Is this a housing market reset or a trap for new buyers?
With record US debt and global conflict rising, are Treasury bonds a safe haven or a ticking time bomb?
As the $3 trillion private credit market faces a default wave, how exposed are traditional banks and insurers to the fallout?