CoreLogic: ‘A Perfect Storm of Supply and Demand Pressures’
Consumer desire for homeownership against persistently low supply of for-sale homes created one of the hottest housing markets in decades in 2021 – and...
New Construction Share of Single-Family Homes for Sale Reaches All-Time High
More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest...
Pending Home Sales Decreased 3.8 Percent in December
Pending home sales fell in December, denoting two straight months of declines, according to the National Association of Realtors.
All four major U.S. regions posted...
House Price Index Rose 17.5 Percent from Last Year, FHFA Reports
House prices rose nationwide in November, up 1.1% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA...
Buyer Fear of Rising Rates May Cause Increase in Home Purchases Before Spring
The November 2021 First American Real House Price Index (RHPI) report shows that real house prices increased 1.5% between October 2021 and November 2021,...
With Affordability Limitations, Fannie Mae Expects Limited Home Sales
The housing market and larger economy are expected to enter a "new normal" in 2022 as the unprecedented market disturbances and policy responses stemming...
Nearly 60 Percent of Home Offers Encountered Bidding Wars in December
Nationwide, 59.6% of home offers written by Redfin agents faced bidding wars in December 2021, according to a new report from Redfin. That’s the...
Low Housing Inventory in December Influenced Decline in Home Sales
Fewer homes than ever were for sale in December, driving seasonally adjusted home sales down 3.6%, according to a new report from Redfin.
This marks...
Housing Supply Shortage Likely to Continue Through Spring
HouseCanary Inc.’s latest Market Pulse report suggests that 2022 will see supply constraints continue to challenge the U.S. housing market.
“As we kick off 2022...
Housing Market Reflects Affordable Benefits of Homeownership Over Renting
ATTOM has released its 2022 Rental Affordability Report, which shows that owning a median-priced home is more affordable than the average rent on a...
Annual Home Price Appreciation Continued Climbing Up in November
CoreLogic, a global property information, analytics and data-enabled solutions provider, has released the CoreLogic Home Price Index (HPI) and HPI Forecast for November 2021.
While...
Homes Became Less Affordable in Fourth Quarter as Prices Continued to Climb
ATTOM’s fourth-quarter 2021 U.S. Home Affordability Report shows that median-priced single-family homes were less affordable in the fourth quarter compared to historical averages in...
Home Price Appreciation Slowed Overall in October
U.S. home prices increased 1.0% on an adjusted basis in October compared with September and were up 19.1% compared with October 2020, according to...
FHFA House Price Index Rose Slightly in October
House prices rose nationwide in October, up 1.1% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA...
Affordability Reaches Lowest Level in 13 Years, Shows First American RHPI
First American Financial Corp. has released the October 2021 First American Real House Price Index (RHPI) results, which measures the price changes of single-family...
Home Values Increase $9 Trillion Over the Past Year for U.S. Homeowners
U.S. homeowners have gained $9.1 trillion of housing value over the past year as housing prices continued to climb amid a severe shortage of...
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...