Friday, November 15, 2024

Housing Markets

CoreLogic: Home Price Appreciation Slowed For a Second Month in June

U.S. home prices increased in June - however, the rate of appreciation slowed significantly. Home prices (including distressed sales) increased 0.6% compared with May and...

Black Knight Reports Record Home Price Growth Slowdown in June

The latest Mortgage Monitor Report from Black Knight Inc.’s Data & Analytics division shows June marking the greatest deceleration in home price growth on...

Case-Shiller: Home Price Growth Decelerated in May

Although the rate of growth is slowing, U.S. home prices continued to rise in May, increasing 1.0% on an adjusted basis compared with April...

Homebuying Hotspots with Sharp Price Escalation Vulnerable to Housing Downturn

Popular migration destinations where home prices soared during the pandemic are most likely to see the effects of a housing downturn amplified and home...

FHFA House Price Index Shows Nearly 20 Percent Increase from Last Year

House prices rose nationwide in May, up 1.4% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA...

Case-Shiller: Home Price Growth Decelerated in May

Although the rate of growth is slowing, U.S. home prices continued to rise in May, increasing 1.0% on an adjusted basis compared with April...

First American: Rising Mortgage Rates, Stagnant Incomes Create Home Affordability Crisis

First American Financial Corp.’s May 2022 First American Real House Price Index (RHPI) shows real house prices increased 50.8% year over year but median...
House

Thirty-Year FRM Average Changes from 2.78 to 5.54 Percent in One Year

Freddie Mac’s Primary Mortgage Market Survey (PMMS) results show that the 30-year fixed-rate mortgage (FRM) averaged 5.54% with an average 0.8 point as of...

Housing Starts Slowed in June For Third Straight Month

Housing starts slowed in June, dropping to a seasonally adjusted annual rate of 1.559 million, a decrease of 2% compared with May and a decrease...

MBA Expects Commercial Mortgage Lending Decrease in Second Half of 2022

Total commercial and multifamily mortgage borrowing and lending is expected to fall to $733 billion this year, down 18% from 2021 totals ($891 billion),...

Foreign Investment in Existing Homes Ends Multi-Year Slide

Foreign buyers purchased $59 billion worth of U.S. existing homes from April 2021 through March 2022, an 8.5% increase from the previous 12-month period...

Relocations Hit Record Highs as Homebuyers Move to More Affordable Areas

A record 32.6% of Redfin.com users nationwide looked to move from one metro to another in the second quarter, up slightly from 32.3% in...

Redfin Reports First Annual Home Supply Increase Since 2019

The number of homes for sale nationwide in June rose 2%, the first annual increase since July 2019, according to a new report from...

Home Prices Continue with Record Appreciation During Q2 2022

Single-family home prices increased at the annualized rate of 19.4% in Q2 2022, down slightly from the previous quarter's upwardly revised 20.5%, according to...

Redfin Finds Balance Slowly Returning to Housing Market

After months of tipping heavily in sellers’ favor, the scales of the housing market are finally balancing out, according to a new report from...

Fannie Mae: Consumers Remain Pessimistic About Housing Market

Fannie Mae’s Home Purchase Sentiment Index (HPSI) shows a decrease of 3.4 points in June to 64.8, its second-lowest reading in a decade. Surveyed consumers...

Market Experiences Improved Inventory Levels, Cooling Home Price Growth

The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report, based upon the company’s mortgage, real estate and...

CoreLogic: Thirteen States Show Annual Appreciation Exceeding 20 Percent

CoreLogic’s CoreLogic Home Price Index (HPI) and HPI Forecast for May 2022 indicate that U.S. home price growth relaxed slightly in May from April...

ATTOM Finds Nearly All Analyzed Counties Less Affordable in Q2 than Historic Averages

ATTOM’s Q2 2022 U.S. Home Affordability Report shows that median-priced single-family homes and condos are less affordable in the second quarter of 2022 compared...

RIHA Studies Impact of Aging Baby Boomer Homeowners on Housing Supply

The Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA) has released research showing more than 4 million existing-homes for sale annually over...