Home Sales Upgraded, But Affordability Pressures Will Present Challenges in 2022
The outlook for full-year 2021 economic growth was revised upward to 5.5%, an improvement of 0.7 percentage points compared to last month’s projection, due...
Housing Starts Surged Nearly 12 Percent in November, Bringing Some Relief to Inventory Constraints
Housing starts in November were at a seasonally adjusted annual rate of 1.679 million, an increase of 11.8% compared with October and an increase...
Home Buyer Competition Finally Slows Down After Nearly a Year
In November, 59.5% of home offers written by Redfin agents faced competition, representing the lowest level in 11 months, according to a new report...
Lenders Predict a More ‘Normal’ Housing Market in 2022, Fannie Mae Reports
For the fifth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's Q4 2021 Mortgage Lender Sentiment...
10 Housing Records Set This Year, Reports Redfin
The coronavirus pandemic and the resulting surge in remote work have changed where, when, why and how people buy homes, according to a new...
Renting Trumps Buying in Eight U.S. Markets, Analysis Shows
As the cost of housing continues to soar, deciding whether to buy a home or rent one is a virtual toss-up in many parts...
CoreLogic Reports a $3.2 Trillion Equity Gain for Homeowners in Q3 2021
CoreLogic, a global property information, analytics and data-enabled solutions provider, has released the Homeowner Equity Report for the third quarter of 2021. The report...
CoreLogic: Home Price Appreciation Slowed in October
U.S. home prices increased 1.3% in October compared with September and were up 18% compared with October 2020. However, the rate of appreciation slowed,...
U.S. Economy Added 210K Jobs in November as Unemployment Rate Fell to 4.2 Percent
The U.S economy added 210,000 jobs in November while the unemployment rate fell to 4.2%, according to the U.S. Bureau of Labor Statistics.
Notable job...
Case-Shiller: Home Price Appreciation Slowed Somewhat in September
U.S. home prices increased 1.2% on an adjusted basis in September compared with August and were up 19.5% compared with September 2020, according to...
First American: House-Buying Power Exceeds Median House Prices in Many Markets
The September 2021 First American Real House Price Index (RHPI) shows that real house prices increased 1.7% between August 2021 and September 2021 and...
House Prices Increased 18.5 Percent Over the Past Year, FHFA Observes
U.S. house prices rose 18.5% from the third quarter of 2020 to the third quarter of 2021 according to the Federal Housing Finance Agency...
National Association of Realtors Reports Pending Home Sales Increase in October
Pending home sales increased in October, rebounding after a decline the month prior, according to the National Association of Realtors (NAR).
Contract activity rose month-over-month...
Home Prices Reach New High, Reports Redfin
Home prices hit a new all-time high of $359,975 in the four-week period ending November 21, according to a new report from Redfin. This...
Existing-Home Sales Slowly Grew in October
Existing-home sales increased in October, marking two straight months of growth, according to the National Association of Realtors (NAR).
Two of the four major U.S....
Home-Buying Demand Reaches High Levels, Redfin Reports
Redfin's Homebuyer Demand Index has hit a new all-time high since at least 2017, according to a new report. This is a sign of...
Fannie Mae Ups Home Sales Expectations, Lowers Home Construction Projections
Inflation is a key forecast concern for the economy, according to the November 2021 commentary from the Fannie Mae’s Economic and Strategic Research (ESR)...
Housing Starts Fell Flat in October as Builders Faced Supply-Side Headwinds
Housing starts were at an annual rate of 1.52 million in October, down 0.7% compared with September but up 0.4% compared with October 2020,...
Majority of Metro Areas See Spike in Home Prices in Third Quarter of 2021
Strong homebuyer demand and limited housing supply led to median sales prices rising for existing single-family homes in all but one of 183 measured...
Homes Sold Quickly During October – Eighth Consecutive Month
New housing data shows 2021's feverish home sales pace broke a yearly record in October, even as fall sales activity followed steadier seasonal patterns.
With...