New Home Sales Increase in July Despite Higher Mortgage Rates
Inventory is low, it’s been low, hence the solid demand from potential homebuyers. This coupled together has offset high mortgage
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Market Data
Surprising Strength in Housing and Labor Markets
Typically considered rate-sensitive, the housing market has proved to be resilient By Alex Thomas The Federal Reserve has raised rates
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Austin Housing Market Improved Over the First 6 Months of 2023
The Austin housing market has improved immensely within the past 6 months of 2023. Despite a slight uptick in mortgage
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Housing Market Potential Increases, According to First American Potential Home Sales Model
In a higher mortgage rate environment, where many existing homeowners stay put and limit the supply of homes for sale,
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Homebuilders Who Cater To First-Time Buyers Have Strongest Standing
The market is improving for home construction as home builders are geared towards more first-time home buyers. This is all
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Mortgage Activity Increases as Affordability Improves
Total mortgage activity increased 7.2% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell five basis
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Housing Availability Expectations See Mild Improvement
Buyers’ expectations of housing availability edged up slightly in the first quarter of 2023, with 26% expecting the home search
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U.S. Rents Post First Annual Decline in Three Years
In March, the median asking price for rent dropped 0.4% year over year to $1,937. This was the first time
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U.S. Homebuilder Sentiment Improves for Fourth Straight Month
Though battling building material issues, builders remain confident with builder confidence rising to 45 points for newly built single-family homes
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Market Data Suggests Housing Sector’s Downturn ‘Coming to an End’
Continuing its trend downward, the 30-year fixed mortgage rate dropped for the fourth straight week in a row to 6.28%.
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U.S. Existing-Home Sales Rise for the First Time in 13 Months
In February, existing home sales jumped 14.5%, median house prices fall from 0.2% to $363,000 as compared to a year
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Homebuilder Sentiment in February Improves by the Biggest Amount in a Decade
The National Association of Home Builders/Wells Fargo Housing Market Index rose from 7 points to 42 in February. According to
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A New Measure for the Country’s Housing Markets
Comparing the health of U.S. housing markets based on demand, supply and financial data By Patrick Duffy During these challenging
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