03:21 PM EDT, 05/20/2025 (MT Newswires) -- US home prices in April saw the first sequential drop since September 2022, as concerns about tariffs and a potential recession curbed demand, Redfin (RDFN) said Tuesday. Prices edged 0.1% lower last month from March on a seasonally adjusted basis. Annually, prices rose 4.1% in April, decelerating from a 4.9% rate the month...

AMELIA ISLAND, Florida (Reuters) -Federal Reserve officials said on Tuesday that higher prices are coming on the back of rising U.S. import tariffs and counseled patience before making any interest rate decisions before it is clear whether the inflation shock will be fleeting or more persistent. One thing that we've heard is that a lot of the tariff impact to...

AMELIA ISLAND, Florida (Reuters) -U.S. businesses may have run out of strategies to delay changing prices or employment in response to higher import taxes, with the economy possibly on the brink of a wave of price increases, Atlanta Federal Reserve President Raphael Bostic said on Tuesday. One thing that we've heard is that a lot of the tariff impact to...

After years in which mortgage rates often surged above 7 percent, their recent dip may have some prospective buyers itching to get off the sidelines. Of course, today's slightly lower rates also come with a spate of political uncertainty and higher odds of a recession. But should you pump the brakes on a home purchase due to the slowing economy?...