Existing-Home Sales Increased in June
After decreasing for four consecutive months, existing-home sales increased 1.4% in June compared with May and were up 22.9% compared with May 2020 according...
Report: Short Commute Isn’t as Important to Home Buyers These Days
Home values within a short commute of the country's biggest downtown job centers are growing more slowly than those farther out, a new analysis...
Applications for New Home Purchases Plummet Because There Are Fewer New Homes to Buy
Applications for mortgages for new home purchases dropped 3% in May compared with April and were down 23.8% compared with May 2020, due to...
Zillow Reports Notable Recovery in Housing Inventory
Housing inventory saw significant recovery for the second straight month in June, indicating that the market may be on the road to rebalancing after...
U.S. Economy Added 850K Jobs in June But Unemployment Still at 5.9%
The U.S. economy added about 850,000 jobs in June, however, the unemployment rate was little changed at 5.9%, according to the U.S. Bureau of...
Veros: Expect the Hot Housing Markets to Remain Hot Going into 2022
Veros Real Estate Solutions’ Q2 2021 VeroFORECAST data suggest that home prices will continue to appreciate at high levels during the next 12 months...
Pending Home Sales Jumped 8 Percent in May
Pending home sales surged in May, increasing 8% compared with April and up 13.1% compared with May 2020, according to the National Association of...
Radian HPI Shows Continued Annualized Growth Rate in Home Prices Nationally
According to data from the latest Radian Home Price Index (HPI), U.S. home prices increased at an annualized rate of 11.5 percent in May...
Case-Shiller: Home Prices Continued to March Upward in March
U.S. home prices increased 1.5% on an adjusted basis in March compared with February and were up 13.2% compared with March 2020, according to...
ATTOM: ‘Things Have Gone in the Wrong Direction This Quarter’
ATTOM’s second-quarter 2021 U.S. Home Affordability Report shows that median home prices of single-family homes and condos were less affordable than historical averages in...
Existing-Home Sales Fell For a Fourth Straight Month in May
Existing-home sales dipped 0.9% in May compared with April, mainly due to limited supply and rising home prices, according to the National Association of...
Home Tours, Offers and Pending Sales Show ‘A Clear Slowdown From a Few Weeks...
Although competition continues to drive up home prices, but home tours, offers and pending sales have slowed, according to a new report from Redfin.
New...
Redfin: Bidding Wars for Houses Are Getting Less Fierce
A new report from Redfin shows that 70.4% of home offers written by Redfin agents in May faced a bidding war - down from...
Redfin: The Sizzle of the Spring Market Is Beginning to Cool a Bit
A new report from Redfin shows that home purchase applications have been falling since late March and are now 7% below their average levels...
Black Knight: ‘Highest Annual Home Price Growth Rate We’ve Ever Seen’
Tight inventory levels have spurred unprecedented home-price growth rates, resulting in profound home affordability concerns, according to the newest Mortgage Monitor Report from Black...
Unemployment Rate Fell to 5.8 Percent in May
The U.S. economy added 559,000 jobs in May, a majority of them in the leisure and hospitality category, as the unemployment rate dropped to...
CoreLogic: Baby Boomers Staying Put Could Increase Home Inventory Challenges
According to the CoreLogic Home Price Index (HPI) and HPI Forecast for April 2021, national home prices increased 13% year over year and 2.1%...
Pending Home Sales Fell in April Compared with March
Pending home sales fell 4.4% in April compared with March but were up 51.7% compared with April 2020, according to the National Association of...
First American: ‘The Long Run of Increasing Affordability Snapped’
Analysis of the March 2021 Real House Price Index (RHPI) from First American reveals that home affordability declined in 90% of the major markets...
Existing-Home Sales Fell 2.7% in April Compared with March But Remain Up Year-Over-Year
Existing-home sales dropped 2.7% in April compared with March but were up 33.9% compared with April 2020, data from the National Association of Realtors...