Home Purchase Sentiment Still ‘Very Low by Historical Standards’
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 3.7 points in December to 61.0, but the index remains only slightly above its all-time...
Unemployment Rate Edged Down in December, Wages Continued to Increase
The U.S. economy added 223,000 jobs in December, above expectations, while the unemployment rate edged down to 3.5%, according to the U.S. Bureau of...
MBA Predicts 5 Percent Drop in Commercial Mortgage Activity in 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5% decline from an...
Veros: U.S. Home Prices Will Turn Negative in 2023
U.S. home prices will turn negative overall and depreciate on average by -0.5% in 2023, according to Veros Real Estate Solutions' VeroFORECAST report.
If the...
Housing Market Dropped to Multi-Year Low in December
HouseCanary Inc., a national brokerage, has released its latest Market Pulse report, showing that downward pressure on home prices continued in December largely due...
CoreLogic: Year-Over-Year Double-Digit Home Price Growth Is Over
CoreLogic’s CoreLogic Home Price Index (HPI) and HPI Forecast for November 2022 show year-over-year home price growth ended its 21-month streak of double-digit momentum...
December Home Sales Rose 18 Percent from Year Before
The total number of homes for sale rose 18% from a year earlier during the four weeks ending December 25, the biggest increase since...
Four U.S. Regions Faced Downward Turn for Pending Home Sales in November
Pending home sales slid for the sixth consecutive month in November, according to the National Association of Realtors (NAR). All four U.S. regions recorded...
Luxury-Home Sales Drop Nearly 40 Percent Year Over Year, Redfin Reports
Sales of luxury U.S. homes fell 38.1% year over year during the three months ending Nov. 30, 2022, the biggest decline on record, according...
FHFA Sees Near-Zero Appreciation in Home Prices for the Fall
House prices were flat nationwide in October, experiencing a 0.0% change from the previous month, according to the latest Federal Housing Finance Agency House...
Housing Market Experienced Home Price Gain Drop in October
The latest October 2022 data results for S&P Dow Jones Indices’ (S&P DJI) S&P CoreLogic Case-Shiller Indices show that home price gains declined across...
Falling Mortgage Rates Helped Boost New Home Sales in November
Falling mortgage rates gave new home sales a boost in November compared with October, but they remained down from a year ago.
New home sales...
First American Forecasts Better Home Affordability in 2023
First American Financial Corp.’s October 2022 First American Real House Price Index (RHPI) shows that real house prices increased 8.7% between September and October,...
Despite Decreasing Home Prices, Homes are Less Affordable in the U.S., ATTOM Finds
ATTOM’s fourth-quarter 2022 U.S. Home Affordability Report shows that median-priced single-family homes and condos are less affordable in the fourth quarter of 2022 compared...
Housing Starts Fell Again in November as Builder Confidence Tanked
Housing starts fell 0.5% in November compared with October and were down 16.4% compared with November 2021, according to estimates from the U.S. Census...
Nearly a Quarter of Homebuyers in the Fall Looked Out of Town for Homes
Nationwide, 24.1% of homebuyers looked to move to a different metro during the three months ending in November, according to a new report from...
Redfin Predicts Only 3 Percent of Pandemic Homebuyers Will Fall Underwater in 2023
Recent homebuyers in certain places, like Sacramento and Phoenix, are at higher risk of falling underwater on their mortgage, while Florida homeowners are at...
NAR Expects More Stable Home Prices, 4.78 Million Existing-Home Sales in 2023
The National Association of Realtors (NAR) forecasts that 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the...
S&P CoreLogic Case-Shiller Indices Indicate Further Drop in Home Prices
S&P Dow Jones Indices (S&P DJI) has released the latest results for the S&P CoreLogic Case-Shiller Indices, a measure of U.S. home prices. Data...
Home Equity Gains Began to Slow in Q3
CoreLogic has released the Homeowner Equity Report (HER) for the third quarter of 2022, which shows that U.S. homeowners with mortgages (which account for...