Pending Home Sales Dropped 2.1% in May; Northeast and West Record Gains
Pending home sales in May slipped 2.1%, according to the National Association of REALTORS® (NAR). The Midwest and South posted ...
Tag: housing market data
Home Prices Set Record High in April, But Slowing Down
The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, reached a new high in April. The rate ...
Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and ...
Study: Sun Belt Homes Overvalued, With Texas an Outlier
Depending on one's perspective on heat, political preference and classic Southern hospitality, the Sun Belt states can be dream destinations, ...
CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders
Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In ...
Homeowner Equity Spikes to All-Time High of $17 Trillion
In CoreLogic’s latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which ...
Report: Sellers Cutting Prices at Highest Rate Since 2022
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share ...
Report: Sellers Market Holding Strong Despite Inventory Influx
In May, median list prices showed an increase of 37.5% since May 2019, with inventory down 34.2% compared to typical ...
Single-Family Home-Building Construction Holds at Highest Level Since August 2022
Construction spending fell in April as U.S. companies and the government scaled back projects across the country amid high interest ...
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a ...
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