The Boca Raton City Council unanimously approved plans by the city’s housing authority and Miami-based Atlantic Pacific Companies to add 105 apartments to a decades-old affordable housing complex. The zoning changes will enable Atlantic Pacific and the Boca Raton Housing Authority to build two new three-story apartment buildings with 54 one-bedroom units, 42 two-bedroom units … Read more
Battle lines are being drawn at the Federal Reserve over an interest rate cut in December, as key policymakers stake out their positions both in favor and opposed to a cut. While a December cut was seen as a virtual certainty a month ago, financial and betting markets now rate the probability as a virtual … Read more
The U.S. House of Representatives has passed a bill to reopen the federal government, ending the government shutdown after a record-long 43 days. The White House says President Donald Trump is prepared to quickly sign the bill, which will fund the government through Jan. 30, without extending the expiring health care subsidies Senate Democrats had … Read more
A bombshell study has identified rising housing costs as the the primary driver of falling fertility rates in the United States, underscoring the widespread impact of the housing crisis on the nation’s changing demographics. Rising housing costs were responsible for 51% of the total U.S. fertility rate decline between the 2000s and 2010s, according to … Read more
The Senate reached a deal on Sunday aimed at ending the longest government shutdown in U.S. history—a move that could have significant implications for the housing market. After a weekend of negotiations led by Senate Majority Leader John Thune, eight members of the Senate Democratic Caucus agreed to support Republicans in a 60-40 vote on … Read more
Without key government data during this record-breaking shutdown, the signals we do have on the economy are mixed and housing is caught in the middle. The federal government shutdown is now the longest one on record, surpassing the 2018–19 shutdown that lasted 35 days. While lenders have workarounds to keep many home sales on track, … Read more
Voters in New York City have approved three ballot initiatives intended to speed the construction of more residential housing units, in a step toward addressing the city’s dire housing shortage. The amendments to the city charter appeared on the ballot Tuesday, when voters also elected Zohran Mamdani as mayor, after the progressive Democrat campaigned heavily … Read more
America’s housing market has split in two: High-earning buyers and sellers still have choices and leverage, while everyone else faces shrinking options and rising costs. It’s a divide that mirrors the broader K-shaped economy defining 2025. After an economic shock, parts of the economy shoot upward—like the top arm of the letter “K”—while others slide … Read more
Canadian homebuyers are increasingly turning away from U.S. housing markets amid the ongoing tariff dispute between the two countries, but despite the pullback, Canadians continue to account for the largest share of international demand. Between July and September, Canadian house hunters handily topped the list of foreign property buyers in the U.S., making up nearly … Read more
The U.S. housing market, along with other segments of the economy, may already be in a recession because the Federal Reserve has not been aggressive enough cutting interest rates, Treasury Secretary Scott Bessent said Sunday. “I think that we are in good shape, but I think that there are sectors of the economy that are … Read more