Home prices are dropping in one-third of U.S. cities. Here's where.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Real Estate
Rival bills want to make homebuying more affordable. Here's how.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
Mortgage rates fall below 6% for the first time since 2022
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Will banning big home investors lower prices? Experts are skeptical.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Why now is a good time to start house-hunting
Housing affordability is improving as more homeowners list their properties, according to data from Zillow.
What Trump's 50-year mortgage plan could mean for homebuyers
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
Hidden costs of downsizing to a smaller home
A New York Times piece published last week takes a look at the hidden costs of downsizing, including higher interest rates and unexpected factors in a changing real estate market. Claire Wolters, the author of the story, joined CBS News to discuss.
Spirit Airlines declares bankruptcy for second time in less than a year
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
Here's where you can buy a mansion for less than $1 million
There are four metro areas across the U.S. where the median cost for a mansion is less than $1 million.
First-time homebuyers face affordability crisis
A recent Harvard University study found the median home price of nearly $400,000 is almost five times the average income, but three times is considered affordable -- a ratio that has skewed sharply since COVID-19. Kelly O'Grady reports.
Inside the housing market slowdown
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
What downturn in housing market means for buyers
In May, there were 34% more sellers than buyers nationally, according to the real estate company Redfin. That is the highest rate since Redfin started gathering data in 2013. Kelly O'Grady reports.
Trump floats eliminating federal capital gains tax on home sales
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the housing market.
Investors are purchasing more U.S. homes, as would-be buyers are priced out
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
What's behind the Compass-Zillow dispute?
Real estate giant Compass is suing the digital home-buyer marketplace Zillow over what it's calling the "Zillow ban." James Rodriguez, a real estate reporter for Business Insider, breaks down the dispute.
Compass sues Zillow over its "Zillow ban," alleging antitrust breach
Real estate company Compass claims Zillow is illegally undermining competition by banning property listings if they don't appear on Zillow within 24 hours.
U.S. home sale prices reach record of almost $400,000, report finds
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
These interior paint colors could boost your home's sale price by $2,600, Zillow says
Home sellers take note: The color of your kitchen and bedroom could boost your home's sale price.
Company gives $10 million in holiday bonuses
A Maryland real estate company had an extraordinary surprise for its employees at its holiday party this year. Small envelopes revealed that St. John Properties gave its workers $10 million, divided among them. Everyone got a bonus, from maintenance workers to receptionists to vice presidents. The average award was $50,000, and the highest was $270,000, based on how long they'd all been working there. The bonus was for meeting a massive expansion goal.
The secret of burial plots: "Location! Location! Location!"
Luke Burbank talks with Baron Chu, a broker of burial plots, and visits the Hollywood Forever Cemetery in Hollywood, Calif., where pricey chunks of real estate are sold to starry-eyed customers seeking status and a view, from six feet under. (This story originally aired on April 15, 2018)
The Vessel: Thomas Heatherwick's oversized public art structure
It's the centerpiece of the largest and most expensive private real estate development in American history: "Vessel," a 150-foot-tall sculpture in the middle of Hudson Yards, a new 16-building complex on the West Side of Manhattan. The honeycombed flight of fancy, made of 154 flights of stairs, was conceived by 49- year-old British designer Thomas Heatherwick, who has put his stamp on some of the most provocative buildings and public projects around the world. Anthony Mason reports.
Venice
In 1980, the sights and sounds in Venice Beach, California, were a celebration of sex, exhibitionism, and self-promotion. Morley Safer walked the boardwalk and found a metaphor for America in the parade of short shorts and roller skates.
Starchitect
Bjarke Ingels is young, Danish and the current star of the world's architectural scene, handling over 60 major projects including the Googleplex and Two World Trade Center. Morley Safer reports.
LA still recovering from January wildfires
California is still rebuilding after January's deadly wildfires as officials paint a grim picture of the upcoming fire season. Rick Caruso, real estate developer and former Los Angeles mayoral candidate, joins "America Decides" with an update on where recovery efforts stand.
Analytics firm connects bets made on war with signs of insider trading
More than $1 billion has been bet online on military decisions and outcomes this year on Polymarket. Some wagers have been suspiciously timed.
Live
Trump says "Clock is Ticking" for Iran as shaky ceasefire continues
President Trump said "there won't be anything left of them" if Iranian leaders do not "get moving, FAST."
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
At least 6 Americans in Congo were exposed to Ebola virus, sources say
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Religious anti-abortion center finds opportunity in town without OB-GYNs
A crisis pregnancy center in Sandpoint, Idaho, wants to expand women's healthcare three years after the labor and delivery unit at the town's hospital closed and its OB-GYNs moved out of state.
Fighter jets crash in midair during air show at Idaho Air Force base
The Mountain Home Air Force Base said in a social media post that it was locked down following an incident during the Gunfighter Skies Air Show.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Ebola outbreak in Congo and Uganda declared global health emergency
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Letlow, Fleming advance to runoff in Louisiana GOP Senate primary, CBS News projects
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, lost his bid for a third term.
U.S.
More U.S.
Religious anti-abortion center finds opportunity in town without OB-GYNs
A crisis pregnancy center in Sandpoint, Idaho, wants to expand women's healthcare three years after the labor and delivery unit at the town's hospital closed and its OB-GYNs moved out of state.
At least 6 Americans in Congo were exposed to Ebola virus, sources say
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Aaron Rai wins PGA Championship for his first major title
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
Fighter jets crash in midair during air show at Idaho Air Force base
The Mountain Home Air Force Base said in a social media post that it was locked down following an incident during the Gunfighter Skies Air Show.
Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
MoneyWatch
More MoneyWatch
Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Ice cream sold in 17 states recalled for potential metal fragments
No injuries have been reported because of the issue, the Food and Drug Administration said.
Trump talks up trade deals with China, but experts see no big wins for U.S.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Which college majors offer the best long-term return on investment?
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
Politics
More Politics
Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Senate GOP revising White House ballroom security funds plan
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
Transcript: Reps. Brian Fitzpatrick and Tom Suozzi on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
HealthWatch
More HealthWatch
Religious anti-abortion center finds opportunity in town without OB-GYNs
A crisis pregnancy center in Sandpoint, Idaho, wants to expand women's healthcare three years after the labor and delivery unit at the town's hospital closed and its OB-GYNs moved out of state.
WHO: Ebola outbreak a global health emergency
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.
At least 6 Americans in Congo were exposed to Ebola virus, sources say
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Version of hantavirus behind deadly outbreak matches known strain, France says
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
Ebola outbreak in Congo and Uganda declared global health emergency
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
World
More World
At least 6 Americans in Congo were exposed to Ebola virus, sources say
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Transcript: Reps. Brian Fitzpatrick and Tom Suozzi on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Irish researchers find oldest English poem in medieval book in Rome
Researchers in Dublin discovered the oldest surviving English poem in a Roman library.
Entertainment
More Entertainment
Entertainment
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Extended interview: Jon Favreau
In this web exclusive, Jon Favreau, the creator of the "Star Wars" series "The Mandalorian," and director of the new film "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the myth of "Star Wars," the influences on the story (including Japanese samurai films), and expanding the universe for a new audience. He also talks about working with Robert Downey Jr. on his film "Iron Man," and about cooking, the subject of his 2014 movie, "Chef."
Jon Favreau on "The Mandalorian and Grogu"
Director Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen. He talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man."
Technology
More Technology
Technology
An adobe renaissance
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents report Waymo traffic jams
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
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.
Waymos get in Atlanta traffic jam
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Science
More Science
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Crime
More Crime
Austin shooting spree: 3 held after at least 12 incidents, police say
Mayor Kirk Watson said no motive has been identified and the shootings appear to be random.
One man with two identities behind crimes from Monaco to New Mexico
In New Mexico, a man is charged with forgery & larceny – and convicted of putting out a hit on his estranged wife. Twenty-six years earlier, a fire in Monaco kills a billionaire and his private nurse. At the center of that mystery was the very same man — with a different name.
A "Survivor" finalist's mission to prove his late sister was murdered
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Details on charges against Mohammad Al-Saadi
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
Terror plot foiled, suspect under arrest
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Could birding keep your brain sharp in old age?
New research suggests birding may be good for the brain. There's evidence it could help guard the brain against dementia and age related cognitive decline. Bradley Blackburn reports.
5/17/2026: Betting on War; The Knowledge; Christopher Nolan
First, prediction market bets on war defy odds. Then, London's cabbies skeptical about robotaxis. And, Christopher Nolan: The 60 Minutes Interview.
5/17: CBS Weekend News
Fighter jets collide in midair at Idaho air show; Trump's approval ratings on the economy continue to fall in latest CBS News poll.
School using AI to reimagine learning
Alpha, a new school in San Francisco, isn't just embracing AI, it's letting it take the lead. Itay Hod has more.
WHO: Ebola outbreak a global health emergency
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.