US housing prices are moving higher again:
The median sale price rose +2.1% YoY in the 4 weeks ending March 29th, to $391,475, the largest increase in a year.
San Francisco led with the biggest price gains at +12.6%, followed by Detroit at +10.1%, Cincinnati at +8.7%, Milwaukee at +8.7%, and Baltimore at +6.9%.
Since February, median sale prices have surged +$15,000, or +4.0%, the biggest increase for this period of the year since 2023.
Furthermore, the median asking price rose +2.5% YoY to $424,975, near the highest on record.
Meanwhile, the median monthly mortgage payment rose +0.3% YoY to $2,742/mo at a 6.38% mortgage rate, the first increase since October 2025.
Housing affordability is deteriorating.
Americans are seeing an average tax refund of more than $3,500. That’s up 10.9% from last year! The Working Families Tax Cut Act is exactly what the American people needed!
Second Lady Usha Vance calls her husband, Vice President JD Vance, “the nicest, funniest guy” and a keystone of their growing family: “I wish that people saw more of that.”
How are the 'Magnificent 7' Tech Stocks doing so far this year?
🔴 Microsoft $MSFT -22.8%
🔴 Tesla $TSLA -19.8%
🔴 Meta $META -13%
🔴 Amazon $AMZN -9.1%
🔴 Alphabet $GOOGL -6.2%
🔴 Apple $AAPL -5.9%
🔴 Nvidia $NVDA -4.9%
BREAKING: President Trump announces King Charles III and Queen Camilla will visit the U.S. for a ‘Historic State Visit’ from April 27-30th, including a White House banquet dinner on the evening of April 28th as the United States commemorates its 250th anniversary.
🚨 HOLY CRAP! Just like President Trump promised, MORE OIL BOATS are going through the Strait of Hormuz as negotiations with Iran continue
The "experts" doubted when Trump said that Iran agreed to send more boats this week, but it just happened.
Trump has a plan! 🇺🇸🇺🇸
H/t @cryptorover
🇺🇸 JUST IN: US bonds rally as traders shift to pricing Fed rate cuts after Powell’s comments on limited control over supply-driven inflation, per Bloomberg.