FHFA Reports Slight Rise of 1.6 Percent in House Prices in April
The latest Federal Housing Finance Agency House Price Index (FHFA HPI) shows house prices rose nationwide in April, up 1.6% from the previous month....
Pending Home Sales Eked Out an Increase in May
Despite rising mortgage interest rates, pending home sales increased slightly in May, rising 0.7% compared with April, according to the National Association of Realtors...
New Home Sales Rebounded in May
After tumbling more than 16% in April, new home sales rebounded in May, rising 10.7% to reach a seasonally adjusted annual rate of 696,000,...
ATTOM Finds Most Vulnerable Housing Markets in New Jersey, Illinois and California
ATTOM’s Special Housing Risk Report shows that New Jersey, Illinois and inland California had the highest concentrations of the most at-risk markets in the...
Market Hits Biggest Housing Affordability Challenge in 15 Years
Ballooning mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. Demand...
NAR: Existing-Home Sales Drop 3.4 Percent in May, Housing Inventory Up 12.6 Percent
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out...
Trend Shows Existing Homeowners Increasingly Staying Put, States First American
First American Financial Corp. Potential Home Sales Model for May 2022 shows that potential existing-home sales decreased to a 5.62 million seasonally adjusted annualized...
With Mortgage Rates Rising, Home Sales Decreased 3 Percent in May
Home prices rose 1.5% month over month in May, their smallest increase of any May in Redfin’s records, which go back to 2012, according...
Competition in Housing Market Hit 15-Month Low in May
Nationwide, 57.8% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in May, the lowest level since February 2021,...
Housing Starts Slowed in May as Higher Interest Rates Eroded Affordability
Housing starts slowed in May, as mortgage interest rates increased and home sales began cooling.
Starts of residential homes were at a seasonally adjusted annual...
Fannie Mae Predicts Market Slowdown with High Inflation, Interest Rates
The compounding effects of elevated inflation and higher interest rates are expected to further weigh on economic growth and home sales as the year...
Investors Continued to Buy Single-Family Homes at Record Rates in Q1 2022
The number of homes purchased by real estate investors in the first quarter declined 11.5% from the fourth quarter of 2021 and 16.5% from...
CoreLogic: U.S. Homeowners Have Gained a Collective $3.8 Trillion in Equity in the Past...
As of the end of the first quarter, U.S. homeowners had gained a collective $3.8 trillion in equity compared with the first quarter of...
Realtor.com Predicts Q3 2022 Will See a Summer Break from Home Sales Frenzy
As rising inflation and mortgage rates bring U.S. housing demand back from the 2021 frenzy, Realtor.com's newly updated 2022 forecast predicts inventory will grow...
FHFA Releases GSEs’ Equitable Housing Finance Plans for 2022-2024
The Federal Housing Finance Agency (FHFA) has released Fannie Mae's and Freddie Mac's Equitable Housing Finance Plans for 2022-2024.
The plans are designed to complement...
Case-Shiller: Home Prices Continued to Rise in March, But Deceleration Looms
U.S. home prices continued to increase in March, rising 2.1% on an adjusted basis compared with February and 20.6% compared with March 2021, according...
May Brought Strong Job Gains, But Unemployment Rate Still Flat at 3.6 Percent
The U.S. economy added 390,000 jobs in May, which was above expectations - however, the unemployment rate remained flat for a third straight month...
House Prices Up Nearly 20 Percent Over 2021, 4.6 Percent Over Q4 2021
U.S. house prices rose 18.7% from the first quarter of 2021 to the first quarter of 2022 according to the Federal Housing Finance Agency’s...
First American Reports 32.5 Percent Real House Price Increases from March 2021 to 2022
First American Financial Corp.’s March 2022 First American Real House Price Index (RHPI) shows that real house prices increased 6.7% between February 2022 and...
Home Sellers Increasingly Resort to Price Drops in Migration Destinations
Price drops are becoming increasingly common, particularly in hot migration destinations, according to a new report from Redfin.
In Boise, Idaho, where home prices are...