Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Home Sales
Home sales down 15% from 2022, data shows
Existing home sales fell almost 1% in August and were down about 15% over the past year, according to new data from the National Association of Realtors. Aarthi Swaminathan, personal finance reporter for MarketWatch, joined CBS News to discuss the numbers.
Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Fewer available homes driving up prices
Data from FactSet shows existing homes and new homes are now selling for the same median price. Ten years ago, new home prices were on average $60,000 more expensive than existing homes. A big reason for that could be a lack of housing stock due to potential sellers hanging onto their homes thanks to lower interest rates on their mortgages. Sami Sparber, real estate reporter for Axios, joined CBS News to talk about the trend.
Rent is falling across the U.S. for the first time since 2020
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
This shade of gray can add $2,500 to the value of your home
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Frustrated coastal home buyers contend with low inventory, high demand
Home buyers in many U.S. coastal areas are advised to prepare to settle, bring cash offers and close quickly.
Consumer debt passes $17 trillion
Stocks closed relatively flat as investors reacted to new consumer debt and mortgage data. Sanders Morris Harris chairman George Ball spoke with CBS News about what the numbers mean for investors and the economy.
Home sale prices decline in parts of U.S.
Nearly one-third of the U.S. has seen a drop in the price of homes for sale since the start of 2023. CBS News' Errol Barnett and Lana Zak are joined by Alcynna Lloyd, economy reporter for Insider, to discuss the trend.
Stocks slide after earnings reports
Stocks closed in the red across the board Tuesday, as investors react to first quarter earnings reports. CenterSquare senior investment strategist Uma Moriarity spoke with Errol Barnett about what the results mean for investors going forward.
Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Investors react to earnings reports
Stocks closed down slightly on Thursday as investors reacted to mixed earnings reports and new weekly jobless claims numbers. CenterSquare Investment Management senior strategist Uma Moriarity joined CBS news to discuss what the developments mean for investors.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Home flipping profits decline
New data shows home flipping in the United States is still popular, but last year the practice saw its lowest profits since 2008. CBS MoneyWatch reporter Khristopher Brooks joins Errol Barnett and Elaine Quijano to discuss the trends.
Housing market cools amid prime season
Peak homebuying season is near, but it may not be as fruitful for buyers or sellers. Realtor.com executive news editor Clare Trapasso joins "CBS News Mornings" to discuss.
Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
U.S. homes see decline in value, report finds
A new report from Redfin found that homeowners are seeing a significant decline in their home values, dropping a total of $2.3 trillion between June and December of 2022. Taylor Marr, deputy chief economist at Redfin, joins CBS News to discuss the report.
Maneuvering the housing market slowdown
Existing home sales declined once again in January for the 12th straight month, to the lowest level posted in more than 12 years. Veronica Dagher, a personal finance reporter for the Wall Street Journal, joins CBS News to discuss how you should maneuver the market if you're looking for a new home.
More Americans move to the South
After the height of the pandemic, data shows more people have moved away from big cities and are heading toward Florida, Texas and the Carolinas. Nadia Evangelou, senior economist and director of real estate research with the National Association of Realtors, joins "CBS News Mornings" to discuss which areas are seeing the biggest population booms.
Here's how much renting will cost you versus buying a home
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
Best cities for first-time homebuyers
CBS MoneyWatch reporter Khristopher Brooks joins anchors Lilia Luciano and Michelle Miller with a look at some of the best cities for first-time homeowners.
Housing market forecast for 2023
Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News to share his forecast for the 2023 housing market at the start of the new year.
Pending home sales slide in November
According to the National Realtor Association, pending home sales declined by 4% in November. It's the second-lowest monthly reading in 20 years. George Ratiu, a senior economist at Realtor.com, joins CBS News with more on that and what's affecting the stock market.
Famed "Goonies" house for sale in coastal Astoria, Oregon
Since the movie hit theaters in 1985, fans have flocked to the home in northwestern Oregon's historic port of Astoria.
Home sales decline for ninth straight month
U.S. home sales fell 5.9% in October, and have fallen 28.4% since last year, according to new numbers from the National Association of Realtors. Mark Lehmann, chief executive officer for JMP Securities joined CBS News to discuss the volatile state of the housing market and what potential homebuyers should expect for the near future.
Live
Trump holds key White House meeting to determine next steps on Iran deal
President Trump said Friday that Iran must agree to never have a nuclear weapon and to reopen the Strait or Hormuz immediately, without tolls.
Judge blocks closure of Kennedy Center, orders removal of Trump's name
A judge blocked the Kennedy Center from closing its doors during renovations, and ruled that its board acted unlawfully by adding President Trump's name to the building. The president reacted by saying he wants Congress to take it over.
White House says Trump is in "excellent health" in results from physical
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
Jill Biden on Hunter pardon: "We just could not let our son go to jail"
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
Lead prosecutor leaves DOJ's case accusing James Comey of threatening Trump
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
Judge orders Trump to respond to claims "anti-weaponization fund" deal was "fraud"
A judge signaled she may reopen a case between President Trump and his own government that led the DOJ to create a $1.776 billion "anti-weaponization fund," ordering the president's lawyers to respond to allegations of "deception" and "fraud."
Trump call with Taiwanese president on hold
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
Key U.S. general meets with Cuban military near Guantanamo Bay
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
5 killed, dozens injured when bus plows into several vehicles in Virginia
The five deaths came in vehicles that were struck by the bus when it did not slow down for traffic, Virginia State Police said.
U.S.
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White House says Trump is in "excellent health" in results from physical
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
Death toll from U.S. strikes on alleged drug boats climbs above 200
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Trump directs CDC to align with assessment calling for fewer childhood vaccines
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
Lead prosecutor leaves DOJ's case accusing James Comey of threatening Trump
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
When a Texas man was forced to give up his dog, a fire station gave him a home
When a homeless man had no choice but to give up his dog, Jake, a local fire station gave Jake a home, and then helped the man get back on his feet.
MoneyWatch
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5 economic signals suggest U.S. consumers are feeling the strain
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Why have tomato prices surged nearly 40% in a year?
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
Southwest revises its overweight passenger rules. Here's what's changing.
Southwest is walking back some recent changes in its policies for passengers who require a second seat.
Data center frenzy is spurring a jobs boomlet for blue-collar workers
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
Treasury Dept. is weighing a $250 bill with Trump's image
The department said it is preparing for the banknote in response to legislation proposed last year.
Politics
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White House says Trump is in "excellent health" in results from physical
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
Death toll from U.S. strikes on alleged drug boats climbs above 200
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Trump directs CDC to align with assessment calling for fewer childhood vaccines
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
Lead prosecutor leaves DOJ's case accusing James Comey of threatening Trump
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
Jill Biden on Hunter pardon: "We just could not let our son go to jail"
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
HealthWatch
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Trump directs CDC to align with assessment calling for fewer childhood vaccines
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
Kenyan court blocks opening of U.S. Ebola quarantine center on air base
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Ebola, hantavirus outbreaks raise questions about Trump's health agency cuts
Infectious disease specialists say the viruses are unlikely to become pandemics, but some are still raising concerns about the federal health response.
Rubio: No more Ebola patients allowed in U.S.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
Americans speak on health insurance costs
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
World
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Trump call with Taiwanese president on hold
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
Key U.S. general meets with Cuban military near Guantanamo Bay
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
Exclusive
Zelenskyy says Ukraine bracing for "big attacks" by Russia in next 24 hours
Ukrainian President Volodymyr Zelenskyy said Ukraine has received intelligence indicating Russia will launch an assault involving drones and missiles.
Former chef pleads guilty to supplying lethal substances for suicides
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
Exclusive
Diver who helped rescue miner in flooded Laos cave says it was a "trust-me dive"
One Laos gold miner was brought out of a flooded cave in a perilous two-hour operation where monsoon rains have trapped a group for over a week.
Entertainment
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Entertainment
AI movie "Dreams of Violets" premiering
A new movie titled "Dreams of Violets," with images fully generated by artificial intelligence, is set to premiere next month. Jo Ling Kent reports on the film made with no lights, no cameras and no actors.
Wyclef Jean on huge 7-album music project
Musician Wyclef Jean is on a journey to release 7 albums as part of a single project titled "Quantum Leap." Jean joined CBS News with more details.
Wyclef Jean on 7-album project "Quantum Leap"
Grammy Award-winning artist Wyclef Jean released a new single, "Mr. October," from his new album "Clef Notes," which comes out June 26. The album is the first installment of this seven-album project "Quantum Leap." Jean joins to discuss why he plans to release seven albums in one year and the story behind his new single.
Phia founders talk AI-powered shopping app
AI-powered shopping app Phia, founded by Bill and Melinda French Gates' daughter Phoebe Gates and Sophia Kianni, announced dozens of celebrity investors. Gates and Kianni share how they started the app and what's next.
Shrey Parikh wins 2026 Scripps spelling bee
Shrey Parikh, a 14-year-old eighth grader from Rancho Cucamonga, California, won the 98th annual Scripps National Spelling Bee. Lilia Luciano reports.
Technology
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Technology
Why did Trump postpone signing an order on AI?
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Is AI a helpful tool for finding love?
Dating apps are matching up with artificial intelligence as romance-seekers demand new ways to find love. Venture capitalist Matt Shumer joins "CBS Mornings" with more details.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Examining the public sentiment on AI
Pope Leo has released the first encyclical of his papacy, focusing on humanity and, in part, warning of the risks posed by the growing use of artificial intelligence. The message comes amid growing dissent among young people over AI. Nicholas Thompson, CEO of The Atlantic, joins to discuss.
Google worker arrested over Polymarket bets
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
Science
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New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
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Crime
Pam Bondi testifying on Epstein
Former Attorney General Pam Bondi was heckled by Epstein abuse survivors before she entered a closed-door interview to testify for House Oversight Committee members about the Justice Department's Epstein probe. CBS News' Jake Rosen reports.
Pam Bondi testifying on Epstein files
Former Attorney General Pam Bondi is testifying privately before members of the House Oversight Committee on the botched Justice Department rollout of the Epstein files. CBS News' Caitlin Huey-Burns reports.
Former chef pleads guilty to supplying lethal substances for suicides
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
Judge on DOJ "anti-weaponization" fund
A federal judge has temporarily blocked the Justice Department from moving forward with work on the new "anti-weaponization" fund, including making any payouts. CBS News' Ed O'Keefe reports.
Probe on E. Jean Carroll lawsuits funding
The Department of Justice is investigating the outside funding that Trump accuser E. Jean Carroll received for her civil lawsuits against the president. CBS News' Katrina Kaufman reports.
Space
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Blue Origin assesses impact of New Glenn explosion
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
Blue micromoon makes rare appearance this weekend
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
5/29: The Takeout with Major Garrett
President Trump holds Situation Room meeting on Iran; Bondi testifies behind closed doors in House Oversight Committee's Epstein probe.
Poor teen employment predicted for summer 2026
The Wall Street Journal reports that this summer is expected to be the worst for teen jobs since 1948, when the federal government started tracking the data. Ray A. Smith, a reporter covering career and workplace issues at the Wall Street Journal, joins "The Daily Report" to discuss.
Is there any real progress with Iran?
President Trump met with top advisers in the Situation Room on Friday to discuss the latest proposal with the Iranian regime. The Iranians are still not budging on the president's red lines. CBS News' Sam Vinograd discusses whether there's any real progress.
Who to know ahead of Colombia's election
Voters in Colombia will head to the polls on Sunday to elect a new president. The winner could cause a dramatic shift in the country's politics for the next four years, but the impact reaches far beyond its borders. CBS News national correspondent Lilia Luciano reports.
Dog's journey after being left at a firehouse
Steve Hartman goes "On the Road," following the story of a dog who was left at a Fort Worth, Texas, firehouse.