Prashant Gopal

The property market was held back during the spring selling season by higher borrowing costs linked to the conflict in the Middle East.

Mortgage rates in the U.S. fell, giving homebuyers more purchasing power as the key spring selling season came to a close.

Baby boomers, higher mortgage rates, potential lower immigration and overbuilding in Sun Belt add to market risks.

For the past decade, scarcity was the U.S. housing industry's most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.

The war in Iran has rattled the property market since the conflict began in late February.

U.S. mortgage rates climbed to 6.49%, reversing last week's drop, after President Donald Trump declared the ceasefire with Iran over, fueling concerns

For the past decade, scarcity was the U.S. housing industry's most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.

For the past decade, scarcity was the U.S. housing industry's most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.

For the past decade, scarcity was the U.S. housing industry's most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.

For the past decade, scarcity was the U.S. housing industry's most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.