Fitch: Low Mortgage Rates Won’t Meaningfully Boost Home Sales
Unlike previous housing cycles, lower mortgage rates are not expected to meaningfully boost home sales, nor will they significantly boost new home construction, Fitch...
New Home Sales Fell in July But Were Up Year-Over-Year
New home sales were at a seasonally adjusted annual rate of 635,000 in July, down 12.8% compared with an strongly upwardly revised June rate...
Low Mortgage Rates Gave Existing-Home Sales a Boost in July
Existing-home sales increased 2.5% in July compared with June, reaching a seasonally adjusted annual rate of 5.42 million, according to the National Association of...
Housing Starts Fell Again in July But Permit Activity Increased
Housing starts continued to disappoint in July, falling 4.0% compared with June to an adjusted annual rate of 1.191 million, according to estimates from...
Fannie Mae: Low Rates Will Boost Refinance Volume in 2019
While consumer demand for housing remains strong, limited inventory, particularly on the affordable end, continues to hold back the single-family purchase market, according to...
CoreLogic: Home Price Appreciation Continued to Slow in June
U.S. home prices increased 0.4% in June compared with May and were up 3.4% compared with June 2018, as the rate of appreciation continued...
Black Knight: Lower Rates Boosted Home Affordability in June
Mortgage rates dipped in June and, as a result, home affordability improved, according to Black Knight’s Mortgage Monitor report.
Also boosting affordability was slowing home...
Freddie Mac: Low Mortgage Rates Will Give Refinance Volume a Boost in 2019
Low mortgage rates will boost refinance volume in 2019, however, the inventory shortage will dampen purchase volume, Freddie Mac’s most recent economic forecast predicts.
Total...
Pending Home Sales Jumped in June But Low Inventory Remains a Concern
Pending home sales increased for a second consecutive month in June, rising 2.8% compared with May to a score of 108.3 on the National...
Case-Shiller: Home Price Growth Continued to Slow in May
U.S. home prices increased 0.2% on an adjusted basis in May compared with April and were up 3.4% compared with May 2018, as home...
FHFA: Home Prices Increased 0.1% in May
U.S. home prices increased 0.1% in May compared with April as the rate of appreciation continued to slow, the Federal Housing Finance Agency’s (FHFA)...
New Home Sales Jumped 7% in June
New home sales in June were at a seasonally adjusted annual rate of about 646,000, an increase of 7.0% compared with a revised rate...
Existing-Home Sales Fell in June Despite Low Mortgage Rates
Despite low mortgage rates and a strong job market, existing-home sales fell to a seasonally adjusted annual rate of 5.27 million in June, down...
Veros: Despite Slowing Home Price Growth, Market Fundamentals Healthy
U.S. home prices are forecast to increase 3.7% in the 12 months ending June 2020, according to the latest VeroFORECAST report from Veros Real...
Consumer Sentiment Toward Housing Market Dipped in June
Despite lower mortgage rates and a strong job market, consumer confidence toward the housing market dipped slightly in June, as fewer Americans said it...
CoreLogic: Home Price Growth to Accelerate
U.S. home prices increased an average of 0.9% in May compared with April and were up 3.6% compared with May 2018, according to CoreLogic’s...
ATTOM: Home Affordability Situation Bad But Improving
In most areas of the U.S., the median home price is unaffordable to a worker making an average wage in that area, a recent...
Case-Shiller: Home Price Gains Continued to Slow in April
The pace of home price appreciation continued to slow in April.
On a seasonally adjusted basis, home prices increased 0.3% compared with March and were...
Trump Signs Executive Order Establishing Council on Affordable Housing
President Trump has signed an executive order to establish a White House Council on Eliminating Barriers to Affordable Housing Development.
The new council will, among...
New Home Sales Fall For Second Straight Month
New home sales fell 7.8% in May compared with April to a seasonally adjusted annual rate of 626,000, according to estimates from the U.S....