Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-11T16:51:36+00:00
The traditional peak season for homebuying and selling is winding down after another underwhelming showing. For the fourth straight year, high home prices andelevated mortgage ratesappear to have sidelined many buyers this spring, even though slightly lower mortgage rates, solid wage growth, and higher inventory of for-sale homes improved their buying power. Home sales so far this year are up less than 1 percentage point from 2025 levels, according to National Association of Realtors data, a particularly meager improvement considering that sales last year tied for a three-decade low. Read more:Want to buy a house before the end of 2026? Follow these crucial steps. Mortgage rates are likely to blame. A brief dip below 6% in late February was quickly undone when the US attacked Iran and oil
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.