Existing Home Sales at 5 Month Lows
As is the case for the monthly data on New Home Sales from the Census Bureau, the National Association of Realtors (NAR) Existing Home Sales
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As is the case for the monthly data on New Home Sales from the Census Bureau, the National Association of Realtors (NAR) Existing Home Sales
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The Census Bureau released March New Home Sales data this week, and it was near the best levels seen since early 2022. Before you get
The National Association of Homebuilders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month, otherwise known simply as “builder confidence.” This month’s
One would think that the pace of new residential construction largely mirrors the pace of filings for building permits. And while that is generally true
The Mortgage Bankers Association’s (MBA) mortgage application survey was at the highest combined level since October in last week’s data–a move largely driven by the
The Mortgage Bankers Association (MBA) released the latest mortgage application data this week showing a modest 1.6% decrease from the previous week. A slight uptick
The National Association of Realtors’ Pending Home Sales Index (PHSI) tracks purchase contract signings that have not yet turned into Existing Home Sales. Things haven’t
There are two dominant home price indices released each month in the U.S. The Federal Housing Finance Agency (FHFA) is responsible for the most all-inclusive
It’s not uncommon for certain medications to come with warnings about avoiding certain activities like driving or operating heavy machinery due to the risk of
This week’s update on refinance application demand accurately reflects the fact that rates came into the week near their recent highs, but managed to fall
The National Association of Homebuilders/Wells Fargo Housing Market Index (aka “builder confidence”) hasn’t been in a purgatory of sorts, ever since the big interest rate
The Census Bureau released its New Residential Construction report this week, frequently referred to by its principal component “housing starts” (a term for the start
The Mortgage Bankers Association conducts a weekly survey on the level of mortgage applications, both for purchases and refinances. Both data series continue to be
As is the case with a majority of housing and mortgage market data these days, the Existing Home Sales data from NAR is heavily dependent
As we noted last week, the timing of the improvements in mortgage rates meant that the previous survey of mortgage applications from the MBA was
The Census Bureau released new home sales data for January this week, and the annual pace was a seemingly significant 10.5% lower than last month’s
As is the case almost every week of the year, the Mortgage Bankers Association released its weekly mortgage app survey this week, showing the changes
The massive spike and subsequent correction in home price appreciation (mid-2020 through early 2023) generated lots of opinions and concerns about the fate of the
The National Association of Realtors released its Pending Home Sales Index (PHSI) today, which measures home purchase contracts that have been signed, but not yet
Per the latest release from the Mortgage Bankers Association (MBA), both refinance and purchase indices decreased this week. In terms of the change from the