CNBC - Real Estate

The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.

Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.

As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say.

Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.

The backlash against artificial intelligence data centers could prove a tailwind for real estate investment trusts in the sector.