Home prices up 15.4% in January from a year ago
CNN
Home prices climbed in January as inventory fell to a new record low.
The median price for a home last month was $350,300, up 15.4% from a year ago, according to the National Association of Realtors.
"Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers," said Lawrence Yun, NAR's chief economist. "Consequently, housing prices continue to move solidly higher."
The housing market has spent the last several years in a deep freeze, with high borrowing costs and soaring prices stalling sales and new listings. But US homebuyers may get some relief in 2026.
Gold is having its best year since 1979.
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When jobs or inflation data counter President Donald Trump’s preferred economic narrative, he typically offers alternative statistics to shine a more positive light on the economy. But Trump’s latest effort asks Americans to buy in to some puzzling logic.
A new rule by the Federal Communications Commission will make it impossible for US consumers to buy the next generation of foreign made drones, including DJI.
CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway.
Earlier this month, after President Donald Trump blasted “60 Minutes” for interviewing Marjorie Taylor Greene, correspondents noticed a change behind the scenes.
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Thieves are increasingly targeting the copper wires that keep America’s power grids and phone networks running.