Sales for Existing Homes Decrease by 2.4 Percent in April 2022
Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors. Month-over-month sales were split...
Redfin Reports Slowing Demand, More Sellers Coming to Market
Homebuyers may finally start to notice signs that the market is shifting toward their favor, as more sellers came to the market during the...
Housing Starts Dipped in April as Headwinds Slowed Production
Housing starts in April were at a seasonally adjusted annual rate of 1.724 million, a decrease of 0.2% compared with March but an increase...
Rising Rates, Continued Inflation Expected to Slow Housing Activity
Persistent inflation, rising interest rates and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real...
Homebuyer Competition Continues to Decrease, Redfin Reports
Nationwide, 60.7% of home offers written by Redfin agents encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021,...
Biden Administration Releases Federal Plan to Ease Housing Costs, Boost Market
President Biden has released a Housing Supply Action Plan to ease the burden of housing costs over time by boosting the supply of quality...
ATTOM: Nearly 45 Percent of Mortgaged Properties Were Equity-Rich in Q1 2022
The Q1 2022 U.S. Home Equity & Underwater Report from ATTOM shows that 44.9% of mortgaged residential properties in the United States were considered...
Strong Job Gains in April, Unemployment Rate Flat at 3.6 Percent
The U.S. economy added 428,000 jobs in April, exceeding expectations, while the unemployment rate remained flat at 3.6%, according to the U.S. Bureau of...
Radian: After Q1 Record Appreciation, Home Price Increase Slows Down
Home prices across the United States rose in the first three months of the year at an annualized rate of 12.8%, according to Radian...
Consumer Reservations Regarding Housing Reach Lowest Point Since May 2020
Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased by 4.7 points to 68.5 in April, its lowest level since May 2020, as surveyed consumers...
Metro Areas See Double-Digit Price Appreciation in Q1 2022
The first quarter of 2022 saw more markets reach double-digit annual price gains than the previous quarter, according to the National Association of Realtors'...
Home Prices Jumped Nearly 2 Percent Month Over Month in February
U.S. home prices increased 1.9% on an adjusted basis in February compared with January and were up 19.8% compared with February 2021, according to...
First American RHPI: Real House Prices Increase Close to 31 Percent
The newly released February 2022 First American Real House Price Index (RHPI) shows that real house prices increased 5.8% between January 2022 and February...
Housing Starts Increased in March, But Production is Expected to Slow
Housing starts were at a seasonally adjusted annual rate of 1.793 million in March - an increase of 0.3% compared with February and an...
Redfin Sees Lower Demand as Sellers Begin to Drop Prices
Early-stage homebuying demand continues to falter this spring, as new listings fell 7% from a year earlier, according to a new report from Redfin....
Demand for Second Homes Drops Drastically, Redfin Finds
Demand for vacation homes dropped sharply for the second month in a row in March, with mortgage-rate locks for second homes at their lowest...
Black Knight: Home Price Growth Was Nearly 20 Percent in February
The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report, based upon the company's mortgage, real estate and...
Strong Job Gains in March Pushed Unemployment Rate Down to 3.6 Percent
The U.S. economy added 431,000 jobs in March - slightly below expectations - while the unemployment rate dipped to 3.6%, according to the U.S....
U.S. Home Prices Were Up Nearly 20 Percent Year-Over-Year in January
Driven by strong demand and limited inventory, U.S. home prices increased 1.6% on an adjusted basis in January and were up 19.2% compared with...
Researchers Find Housing Prices Continue to Climb in Spite of Rising Rates
In all 100 markets surveyed by researchers at Florida Atlantic University (FAU) and Florida International University (FIU), buyers continue to pay higher premiums –...