Core Insights - The housing sector is facing ongoing challenges, with Federal Reserve Chair Jerome Powell indicating that interest rate cuts are unlikely to significantly improve inventory and affordability issues [1][2][5] - Powell emphasized that the primary issues affecting the housing market are low supply and high mortgage rates, which are not directly influenced by the Fed's monetary policy [5][9][13] Interest Rate Cuts - The Federal Reserve has cut the benchmark federal funds rate by 25 basis points for the third consecutive meeting, but Powell expressed skepticism about the effectiveness of these cuts in addressing housing market weaknesses [1][3][9] - The Fed's "dot plot" projections suggest only one additional rate cut in 2026, indicating a cautious approach moving forward [10] Housing Supply and Demand - Powell noted a long-standing shortage of housing supply in the U.S., stating that more diverse housing options are needed to meet demand [6][9] - Many homeowners are reluctant to sell due to having low-rate mortgages from the pandemic, which contributes to the ongoing supply constraints [5][13] Market Dynamics - The housing market has seen a significant increase in delistings, with a 38% rise in October compared to the previous year and a 45% increase in delistings for 2025 to date compared to 2024 [14][15] - Approximately 6% of listings have been removed from the market each month since June, marking 2025 as the year with the highest delisting rate since tracking began in 2022 [16]

Brett, 40, dreams of buying a home, but he’s starting to wonder if that goal is still achievable. He has been saving diligently for a down payment for eight years, and while his nest egg has grown, he’s questioning whether he made the right choices about what he’s saving for — and how. It’s a familiar question for anyone pursuing homeownership in recent years. The housing market has been hot, and mortgage rates have climbed considerably. Brett worries that instead of saving, he should have been investin ...

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December 10, 2025 08:00 PM GMT China Property | Asia Pacific 2026 Outlook: Physical Market Stays Challenging; Diverging Outperformance of Alpha Plays The housing industry may continue its downtrend in 2026, but with milder declines amid similar policy narratives to this year. The physical market may take longer to bottom as restoring resident confidence turns more challenging, but quality alpha plays should outweigh negative industry beta. Key Takeaways Reactive policy stance likely to persist: We think the ...

I wanted to ask you about how the higher inome households are really [clears throat] driving spending right now. They're backed by home equity and stock market wealth, but lower-income consumers are really struggling with the accumulation of 5 years now of rising prices. It's price levels, not really the inflation rate holding some of these families back.How sustainable is this so-called K-shaped economy and and what are the Fed's thoughts on whether that's a risk going forward. So we do um through our vast ...

Summary of Key Points from the Conference Call Industry or Company Involved - The discussion primarily revolves around the Federal Reserve's monetary policy and its implications for the U.S. economy, particularly focusing on employment and inflation. Core Points and Arguments 1. **Monetary Policy Adjustments** The Federal Open Market Committee (FOMC) decided to lower the policy interest rate by 0.25 percentage points to a range of 3.5%-3.75% to support maximum employment and stable prices [1][5][6] 2. **Economic Growth Projections** The median projection for real GDP growth is 1.7% for the current year and 2.3% for the next year, indicating a stronger outlook than previously projected [3][14] 3. **Labor Market Conditions** The unemployment rate has increased to 4.4%, with job gains slowing significantly. Layoffs and hiring remain low, but perceptions of job availability are declining [3][4][31] 4. **Inflation Trends** Total Personal Consumption Expenditures (PCE) prices rose by 2.8% over the past year, with core PCE prices also increasing by 2.8%. Inflation remains elevated compared to the Fed's long-term goal of 2% [4][5] 5. **Risks to Employment and Inflation** The balance of risks has shifted, with downside risks to employment increasing and inflation risks remaining tilted to the upside [5][6][20] 6. **Impact of Tariffs on Inflation** The effects of tariffs are contributing to inflation, particularly in goods, while disinflation is observed in services. The Fed aims to ensure that one-time price increases do not lead to ongoing inflation issues [4][6][32] 7. **Expectations for Future Rate Adjustments** The FOMC is positioned to evaluate future rate adjustments based on incoming data and the evolving economic outlook. The current policy stance is seen as neutral [12][20][40] 8. **Consumer Spending Dynamics** Consumer spending remains solid, driven by higher-income households, while lower-income consumers are facing challenges due to rising prices. This creates a K-shaped recovery scenario [61][63] 9. **Housing Market Challenges** The housing market remains weak, with low supply and high mortgage rates from previous refinancing. The Fed's rate cuts may not significantly improve affordability in the housing market [64][65] 10. **Technological Impact on Employment** The rise of AI and automation is acknowledged as a factor in job market dynamics, with potential implications for productivity and job creation [55][67] Other Important but Overlooked Content 1. **Dissenting Opinions within the FOMC** There were notable dissenting opinions regarding the recent rate cuts, indicating a divided view on the appropriate monetary policy direction [19][21] 2. **Data Collection Challenges** The Fed highlighted potential distortions in labor market data due to collection issues, emphasizing the need for careful analysis of upcoming data releases [22][23] 3. **Long-term Inflation Expectations** Despite current inflation levels, long-term inflation expectations remain anchored around the Fed's 2% target, suggesting confidence in achieving this goal over time [5][46] 4. **Legacy of Current Leadership** The current Fed Chair expressed a desire to leave the economy in good shape, with controlled inflation and a strong labor market, as part of their legacy [70]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. After years of rising costs and limited options, Americans looking to buy a home next year may finally catch a small break. According to Realtor.com's latest housing forecast, mortgage rates are expected to dip slightly and incomes are projected to grow faster than both inflation and home prices. Affordability Makes A Comeback, But Slowly The typical monthly mortgage payment is expected to fall below 30% ...

All right, here's the question the audience wants to know this morning. I'm looking at mortgage rates for the 30 years, 6.36%. Does a Fed rate cut, does it finally bring the rates lower.Because we've seen cuts and the rates have actually moved higher. >> You know, I think people are expecting this cut. This will be the third one this year and I don't think it's going to make a dramatic difference.Could it eventually help a little bit, but it's not going to be anything substantial. So, I don't think it's any ...

Japan Equity Strategy Market Explorer 2026 outlook: Bull market continues, 60,000 high for the Nikkei CITI'S TAKE We expect Japanese equities to continue to rise in 2026 and forecast annual highs of 4,000 for TOPIX and 60,000 for the Nikkei 225. We expect an ongoing pattern of stock selection focused on polarization and momentum and expects themes and corporate action rise in importance. We are overweight on the energy, capital goods/services, and real estate sectors. Reiterating our bullish stance for 2006 ...

Core Insights - Younger generations are increasingly making riskier investments and spending more recklessly as they abandon the American dream of homeownership, driven by declining housing affordability [1][2] - The study indicates that individuals born in the 1990s are projected to have a homeownership rate approximately 9.6 percentage points lower than that of their parents' generation [2] - Households with lower perceived probabilities of achieving homeownership tend to spend a larger share of their income on consumption, reduce work effort, and engage in riskier investments [2][5] Housing Affordability Trends - The affordability crisis in the housing market began around 2020 and intensified sharply between 2021 and 2022 due to skyrocketing home prices, rising mortgage rates, and tight housing inventory [9] - Since interest rates increased, market activity has stagnated, with homeowners reluctant to sell due to low mortgage rates and potential buyers facing limited inventory and higher borrowing costs [10] Behavioral Patterns - Renters with net worth below the median U.S. house price are found to spend more on credit cards, exert less effort at work, and participate more in cryptocurrency markets compared to homeowners with similar wealth [5] - These behavioral patterns are expected to compound over time, leading to larger wealth gaps between those who continue to pursue homeownership and those who give up [6] Recommendations - The authors of the study suggest implementing a subsidy to assist young renters in their pursuit of homeownership, which would enhance overall well-being more effectively than providing equal amounts to all or targeting only the poorest [8]