Home Prices Jumped 18.6 Percent Year Over Year in June
U.S. home prices continued to hit new highs in June, rising 1.7% compared with May and soaring 18.6% above June 2020, according to the...
U.S. House Prices Show Substantial Rise Over Last Year
U.S. house prices rose 17.4% from the second quarter of 2020 to the second quarter of 2021, according to the Federal Housing Finance Agency...
Pending Home Sales Fell 1.8 Percent in July as the Market Cools
Pending home sales decreased 1.8% on an adjusted basis in July compared with June and were down 8.5% compared with July 2020, according to...
CoreLogic Decade in Review Report Shows Shifting Market Dynamics
CoreLogic’s Investor Homebuying report highlights home U.S. purchase trends between 2011 and 2020. In the report, CoreLogic investigates activity nationally by both price tier...
Radian RPI Reports U.S. Home Price Appreciation Increases
After a strong finish to the first half of 2021, home prices across the U.S. rose at an even faster pace in July as...
Existing-Home Sales Increased For Second Straight Month in July
Existing-home sales increased 2.0% in July compared with June to reach a seasonally adjusted annual rate of 5.99 million, according to the National Association...
New Home Sales Inched Up 1 Percent in July
New home sales increased 1% in July compared with June but were down 27% compared with July 2020, according to estimates from the U.S....
Housing Starts Dropped in July as Homebuilder Sentiment Waned
Housing starts continued to disappoint in July, dropping 7% compared with June to reach a seasonally adjusted annual rate of 1.59 million, according to...
July Figures Show Large Price Gains for 12 Straight Months
The median price of homes sold in July 2021 was up nearly 20% from a year earlier to a new all-time high of $385,600,...
Affordability and Supply Questions Polarize Buying and Selling Markets
Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased 3.9 points to 75.8 in July, with consumers continuing to report concerns related to high home...
U.S. Economy Added Nearly 1 Million Jobs in July, Unemployment Fell to 5.4 Percent
The U.S. economy added 943,000 jobs in July, while the unemployment rate dropped to 5.4%, according to the U.S. Bureau of Labor Statistics.
Notable job...
Homeowner Equity Surged During Q2 2021
ATTOM’s second-quarter 2021 U.S. Home Equity & Underwater Report shows that 34.4% of mortgaged residential properties in the U.S. were considered equity-rich in the...
Home Prices Continued to Spike in June But Housing Market Remains Strong
U.S. home prices in June increased 2.3% compared with May and were up 17.2% compared with June 2020, according to CoreLogic’s home price index.
Lack...
Home Sale Profits Remain High with Unusual Fall in Q2 2021
ATTOM’s Q2 2021 U.S. Home Sales Report shows that profit margins for home sellers took an unusual dip in the second quarter but still...
Credit Applications Mostly Up to Pre-Pandemic Levels
The Consumer Financial Protection Bureau has published an issue brief showing that consumer applications for new mortgages, auto loans and revolving credit cards had...
House Price Index Up 18 Percent from Last Year
House prices rose nationwide in May, up 1.7 percent from the previous month, according to the Federal Housing Finance Agency’s (FHFA) latest House Price...
Home Prices in May Saw Largest Annual Increase in More Than 30 Years
U.S. home prices in May increased 1.7% on an adjusted basis compared with April and were up a whopping 16.6% compared with May 2020,...
Affordability Declined for Third Consecutive Month
The chief economist’s analysis of First American Financial Corporation’s May 2021 First American Real House Price Index (RHPI) shows record nominal house price appreciation...
Midyear Multifamily Outlook Forecasts Return to Pre-Pandemic Trends
With demand for multifamily housing now exceeding pre-pandemic levels, Freddie Mac Multifamily’s midyear outlook is projecting rising rents, falling vacancies and a record-setting origination...
Redfin: Housing Supply Side Is Beginning to Show Some Strengthening
According to a new report from Redfin, housing supply is gradually gaining momentum as the number of homes for sale begins to increase and...