New Home Sales Fell 5.3% in June
After rebounding in May, new home sales plummeted 5.3% in June but were up 2.4% compared with June 2017, according to estimates from the...
Existing-Home Sales Fell For Third Straight Month
Existing-home sales in June were at a seasonally adjusted annual rate of about 5.38 million, down 0.6% compared with a downwardly revised 5.41 million...
Housing Starts Collapsed in June, Down 12.3%
Housing starts in June were at a seasonally adjusted annual rate of 1.173 million, a decrease of 12.3% compared with a revised 1.337 million...
Veros: Western States to Drive Home Price Appreciation Over Next 12 Months
U.S. home prices are forecast to increase 4.4% over the next 12 months, however, most of that increase will be driven by price gains...
Reports: Millennials Face Numerous Obstacles to Homeownership
Two recent reports show that millennials are facing some major hurdles when it comes to homeownership.
A recent report from the Urban Institute, funded through...
CoreLogic: Despite Rising Home Prices, Renters Want to Buy
U.S. home prices increased 1.1% in May compared with April and were up 7.1% compared with May 2017 - however, rising home prices are...
Pending Home Sales Fell Again in May
Pending home sales in May fell 0.5% compared with April and were down 2.2% compared with May 2017, according to the National Association of...
Home Prices Are Hitting New Highs, But What If One Adjusts For Inflation?
U.S. home prices continued their upward trajectory in April, rising 0.3% on an adjusted basis compared with March and up 6.4% compared with April...
Freddie Mac: Lack of Inventory is Putting a Drag on Mortgage Market
A report from Freddie Mac echoes what many industry watchers have been saying for months: Lack of housing inventory poses a greater threat to...
New Home Sales Rebounded in May
After falling 11.4% month-over-month in April, new home sales in May were at a seasonally adjusted annual rate of about 689,000, an increase of...
Maybe Next Spring: Existing-Home Sales Fell Again in May
The spring home shopping season has so far been a bit of a bust.
Existing-home sales in May were at a seasonally adjusted annual rate...
Housing Starts Jumped in May But Permits Fell
Driven by pent-up demand due to a lack of inventory, builders took advantage of the nice weather in May to increase production month-over-month and...
Despite Major Obstacles, Millennials’ Desire For Homeownership is Strong
Despite rising home prices and higher mortgage interest rates, millennials are more determined than ever to become homeowners, recent industry reports show.
In First American’s...
CoreLogic: Home Equity Gains Topped $1 Trillion in Q1
About 84,000 residential properties regained equity in the first quarter, reducing the total number of properties in negative equity by about 3%, according CoreLogic’s...
Rising Home Prices Creating Divergence in Consumer Attitudes Toward Buying/Selling
The rapid rise in home prices is resulting in a divergence in consumer attitudes toward buying and selling a home, Fannie Mae’s Home Purchase...
CoreLogic: U.S. Home Prices Increased 1.2% in April
U.S. home prices continued to rise in April, increasing 1.2% compared with March and 6.9% compared with April 2017, according to CoreLogic’s home price...
NAR: High Home, Gas Prices Could ‘Weigh on the Psyche’ of Potential Buyers
After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the...
Percentage of Borrowers Underwater Is Lowest in a Decade
According to Zillow's 2017 Q4 Negative Equity Report, the share of homeowners who owe more than the value of their home is 9.1%, falling...
Florida Sees Increased Demand for Single-Family Homes
In April, Florida's housing sector reported more closed sales, higher median prices and more new listings from owners ready to enter the market, according...
Don’t Expect Home Prices To Slow Down: S&P Dow Jones Indices
Over the last 12 months, home prices have continued their rise across the country, according to the March 2018 results from the S&P CoreLogic Case-Shiller...