New Home Sales Jumped 9.6 Percent in March
New home sales in March were at a seasonally adjusted annual rate of 683,000, an increase of 9.6% compared with February but down 3.4%...
WSJ/Realtor.com: Where Are the Top U.S. Emerging Housing Markets?
The Wall Street Journal and Realtor.com WSJ/Realtor.com Spring 2023 Emerging Housing Markets Index shows that Lafayette-West Lafayette, Ind., remains the No. 1 emerging market...
Analysis Shows ‘Home Price Trends Moderated’ in February
The S&P CoreLogic Case-Shiller Indices for February 2023 show a 2% annual gain in home prices - down from 3.7% in the previous month.
The...
Redfin: Most Housing Metrics Slid Again in March
The median U.S. home price fell 3.3% in March to $400,528, the largest year-over-year drop since 2012, according to a new report from Redfin.
Pandemic...
NAR: Existing-Home Sales Fell 2.4 Percent in March
Existing-home sales deceased 2.4% in March compared with February to a seasonally adjusted annual rate of 4.44 million, according to the National Association of...
First American: Potential Existing-Home Sales Continue Their Decrease
First American’s Potential Home Sales Model for March 2023 shows that potential existing-home sales decreased to a 5.35 million seasonally adjusted annualized rate (SAAR),...
Housing Starts Dipped in March But Home Builder Sentiment Brightened
Housing starts dipped 0.8% in March compared with February and were down 17.2% compared with March 2022, however, single-family production was up month-over-month, according...
Fannie Mae: Annual Rate of Increase in Home Prices ‘Slowed Dramatically’
Single-family home prices increased at a non-seasonally adjusted annual rate of 4.7 percent from Q1 2022 to Q1 2023, down from the previous quarter's...
Seller-Buyers Feel ‘Locked In’ by Currently Low Mortgage Rates
According to a new survey from Realtor.com and HarrisX, the vast majority (86%) of those planning to sell their home in the next 12...
Veros Forecasts U.S. Home Prices Will Stay Flat For the Next 12 Months
Real estate valuations technology firm Veros is forecasting that U.S. home values will remain basically flat over the next year, with some markets seeing...
Unemployment Fell to 3.5 Percent as U.S. Economy Added 236K Jobs in February
The U.S economy added 236,000 jobs in March - better than expected - and the unemployment rate edged down to 3.5%, according to the...
Redfin: Potential Sellers Don’t Want to Give Up Their Own 3-Percent Mortgage Rate
A new report from Redfin suggests that although elevated mortgage rates continue to dampen homebuying demand, low inventory means homes are selling fast in...
Consumer Home Purchase Sentiment Still in the Dregs
Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased 3.3 points in March to 61.3 but remains only slightly above its all-time low set late...
U.S. Home Prices Increased 0.8 Percent in February; Western States Saw Significant Declines
U.S. home prices increased 0.8% in February compared with January and were up 4.4% compared with February 2022, according to CoreLogic’s home price index...
Data Show Declining Housing Inventory Coupled with Further Rate Hikes
HouseCanary Inc., a national brokerage, reports that market activity in terms of contract volume and net new listing volume remains sharply down year over...
Black Knight: U.S. Home Prices Increased in February, Driven by Dip in Mortgage Rates
U.S. home prices increased in February as mortgage rates dipped and home buyers seized what little inventory was available.
According to Black Knight’s Mortgage Monitor...
Pending Home Sales Increased in February But Took a Dip in the West
Pending home sales increased 0.8% in February compared with January but were down 21.1% compared with February 2022, according to the National Association of...
Redfin: Cross-Country Movers Undeterred by High Mortgage Rates
The number of Redfin.com home searchers looking to relocate to a new metro fell 3.6% year over year in February, according to a new...
BofA Data Find the Surge in Housing Costs Varies by Metropolitan Area
The Bank of America Institute has released an analysis that examines the increase in housing costs across the United States. BofA internal data show...
Banking System Instability May Prove Catalyst for Recession
Ongoing banking instability may affect the availability of jumbo mortgages, according to a new report from Fannie Mae's Economic and Strategic Research (ESR) Group.
Recent...