Chicago

• Homeowners are losing thousands in equity thanks to weakening prices - Weaker prices mean homeowners are starting to lose equity after several years of huge gains.
• Asia-Pacific markets trade higher after Wall Street notches fresh record - Asia-Pacific markets traded higher on Friday, tracking Wall Street gains.
• Home prices go negative for the first time in over 2 years — and may stay that way for a while - Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.