US housing construction slumped in July as high mortgage rates weighed on demand, while AI-driven production boosted manufacturing growth.
US housing construction slumped in July as high mortgage rates weighed on demand, while AI-driven production boosted manufacturing growth.
A shifting housing market prompts homeowners to delist properties rather than drop prices to meet buyer demands.
US mortgage rates hit 6.53%, highest in nine months, as inflation fears and Iran conflict raise borrowing costs for homebuyers.
The American Bazaar is a publication of American Bazaar, Inc., based in Germantown, MD.

