Tue, Oct 31 2023, 2:30 PM
Even with interest rates at a two-decade high and mortgage applications and existing home sales slipping back to 20th-century levels, home prices cont...
Thu, Oct 26 2023, 3:18 PM
There's not much by way of "new news" for the housing market when it comes to sales data. New home sales continue strongly outperforming while Existi...
Thu, Oct 19 2023, 11:59 AM
Sales fell below the $4 million mark in September, marking the slowest month for existing home sales since October 2010. The National Association of R...
Tue, Oct 17 2023, 11:39 AM
Stubbornly high mortgage rates further eroded home builders’ confidence in the new home market in October. Not only did the National Association of Ho...
Thu, Sep 28 2023, 12:47 PM
Pending home sales failed to add a third month onto the mini rally it staged in June and July. The National Association of Realtors® (NAR) said its P...
Tue, Sep 26 2023, 2:11 PM
August sales of newly constructed single-family homes failed to match the robust numbers from July but were significantly better than those a year ear...
Tue, Sep 26 2023, 11:16 AM
Home prices have resumed their upward climb despite mortgage rates that have doubled post-COVID. According to Craig J. Lazzara, Managing Director at S...
Mon, Sep 18 2023, 11:56 AM
The National Association of Home Builders (NAHB) said on Monday that its index that measures home builder confidence in the new home market has fallen...
Wed, Aug 23 2023, 2:52 PM
Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales. July’s sales of pre-...
Tue, Aug 22 2023, 11:52 AM
Sales of existing homes slipped in July even as median prices sustained their record-high levels. The National Association of Realtors® (NAR) said th...
Tue, Aug 15 2023, 11:44 AM
Rising rates took a toll on builder confidence in August. The National Association of Home Builders (NAHB) said the NAHB/Wells Fargo Housing Market In...
Thu, Jul 27 2023, 1:26 PM
Pending home sales pulled out of a three-month spiral in June but with only a fractional increase from May. The National Association of Realtors® (NAR...
Tue, Jul 25 2023, 2:18 PM
The S&P CoreLogic Case-Shiller Indices posted an annual decline in home prices for the second straight month in May while the Housing Price Index pr...
Thu, Jul 20 2023, 4:33 PM
Almost everyone has said it or heard it: Existing Home Sales are in the toilet because there's no inventory and there's no inventory because no one wa...
Tue, Jul 18 2023, 11:00 AM
Builder confidence in the market for newly constructed homes rose another point in July according to the National Association of Home Builders (NAHB)....
Mon, Jul 10 2023, 2:29 PM
The Black Knight Mortgage Monitor for May doesn’t even hint at a housing crisis on the horizon. Affordability is again (or maybe still) a concern, ...
Wed, Jun 28 2023, 9:17 AM
In light of yesterday’s strong report on new home sales and the earlier marginally improved one on pre-owned home sales, mortgage application volumes ...
Tue, Jun 27 2023, 1:33 PM
Both the S&P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agency’s (FHFA’s) Home Price Index (HPI) show home...
Tue, Jun 27 2023, 1:16 PM
Last month’s sales of newly constructed single-family homes rose to the highest level since February 2022. The report from the U.S. Census Bureau an...
Thu, Jun 22 2023, 2:40 PM
The reality of the home sales market is in the eye of the beholder these days and the just-released Existing Home Sales report doesn't shed much light...
Tue, May 30 2023, 11:57 AM
One of the major home price indices showed a continued increase in national home prices in March and less waffling in some local markets. A second i...
Thu, May 25 2023, 11:48 AM
The number of contracts to purchase pre-owned homes was unchanged in April. The National Association of Realtors® (NAR) said its Pending Home Sales ...
Thu, May 18 2023, 3:04 PM
Existing home sales account for the lion's share of all home sales in the U.S. Unlike "New Home Sales," this data series tracks previously sold homes...
Tue, May 16 2023, 2:25 PM
Home builders’ attitudes about the market for newly constructed homes continued to improve in May, partially due to the lack of available pre-owned ho...
Thu, Apr 27 2023, 3:41 PM
Tue, Apr 25 2023, 12:34 PM
New home sales figures bounced higher again in Marc h, outperforming February sales by 9.6 percent. The U.S. Census Bureau and Department of Housing a...
Thu, Apr 20 2023, 4:54 PM
The National Association of Realtors (NAR) measures the sales of previously owned homes. These so-called Existing Home Sales account for a vast major...
Mon, Apr 17 2023, 2:05 PM
The index that measures the confidence of new home builders in the market for their product inched slightly higher again in April. The National Associ...
Mon, Apr 10 2023, 11:14 AM
Fannie Mae’s monthly survey of consumers’ attitudes toward buying or selling a home and their own financial situation showed a mixture of sentiments i...
Wed, Mar 29 2023, 3:07 PM
January was a refreshingly strong month for many economic reports, but especially for metrics relating to the housing and mortgage markets. This wasn...
Wed, Mar 29 2023, 8:07 AM
Applications for both home purchases and refinancing rose for the fourth time during the week ended March 24. The Mortgage Bankers Association (MBA) s...
Thu, Mar 23 2023, 12:08 PM
New home sales surprised everyone in January, surging by 7.5 percent to 670,000 units, the highest rate since March 2022. It was, however, only an il...
Tue, Mar 21 2023, 1:09 PM
Existing home sales emerged, at least temporarily, out of a prolonged slump last month, and weren’t even shy about it. The National Association of Rea...
Mon, Mar 6 2023, 3:27 PM
Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report. There are always more charts than we h...
Mon, Feb 27 2023, 11:27 AM
Not only did pending home sales increase for the second month in a row in January, but the increase was the largest since the June 2020 rebound from t...
Fri, Feb 24 2023, 1:19 PM
New home sales edged a little further out of a lengthy slump in January, topping 600,000 units for the second straight month. The U.S. Census Bureau a...
Tue, Feb 21 2023, 2:21 PM
Existing home sales data was released this morning by the National Association of Realtors for the month of January. It was fairly close to forecasts...
Thu, Feb 16 2023, 2:35 PM
It seems that most of the stories I write on home sales and construction numbers begin with a slightly different iteration of the same core thought: t...
Wed, Feb 15 2023, 1:35 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shot higher in February, achieving a second monthly gain. NAHB...
Fri, Jan 27 2023, 2:51 PM
For those in the housing and mortgage market, there's certainly been a shift in the tone over the past few weeks. I can't speak for everyone in that ...
Thu, Jan 26 2023, 2:50 PM
The Census Bureau's regularly scheduled monthly report on New Home Sales was released this morning. The annual pace of 616k was right in line with th...
Fri, Jan 20 2023, 12:20 PM
Existing home sales fell back for the 11th straight month in December according to the National Association of Realtors® (NAR) The month’s sales of ...
Wed, Jan 18 2023, 11:02 AM
On top of the solid report on mortgage volume earlier today, comes another hopeful report from the construction industry. The National Association of ...
Wed, Jan 4 2023, 8:22 AM
The end-of-year holiday season took its usual toll on mortgage applications. The Mortgage Brokers Association (MBA) report this morning recapped the p...
Wed, Dec 28 2022, 3:02 PM
Stop me if you've heard this one before: home sales numbers continue to suffer due to a perfect storm of higher rates, lofty prices, and tighter purse...
Fri, Dec 23 2022, 11:52 AM
New home sales in November were a bit of a surprise, but a downward revision to October numbers accounted for much of the unexpected increase. The U.S...
Wed, Dec 21 2022, 1:08 PM
"No one" is a relative term when it comes to economic data. There are actually about 4 million people per year buying existing homes based on the ann...
Mon, Dec 19 2022, 2:31 PM
The Housing Market Index (HMI) from the National Association of Homebuilders (NAHB)--typically referred to simply as "builder confidence"--is argued t...
Wed, Dec 7 2022, 1:37 PM
Fannie Mae’s Home Purchase Sentiment Index (HPSI) showed some signs of life in November, posting its first increase in nine months. The index, which d...
Wed, Nov 30 2022, 10:19 AM
October saw contracts to purchase existing homes fall for the fifth straight month. The National Association of Realtors® (NAR) said its Pending Home...
