Weekly mortgage demand plunges nearly 13%, as interest rates hit 2-month high

Mortgage demand continues to drop as mortgage rates climb to a two-month high. Refinance demand is hit the most, while homebuyers face economic uncertainty.

NYC's most expensive home lists for $110 million amid market uncertainty

The four-floor listing at 111 West 57th St. spans 11,480 square feet and is being pitched as a rare collector’s item for global elites.

Blackstone President Jon Gray on Q1 results, Pres. Trump's tariff policy and real estate market

Blackstone President and COO Jon Gray joins 'Squawk Box' to discuss the company's quarterly earnings results, impact of President Trump's tariff policy, state of the real estate market, the Fed's inflation fight, President Trump's criticism of Fed Chair Powell, and more.

Why Americans love McMansions

McMansions first appeared in American suburbs in the 1980s but have continued to grow larger and more eclectic as Americans seek bigger homes filled with amenities. These types of homes are often known to have been built with cheap materials and a poor design. Yet, Americans continue to buy them. CN