Pending Home Sales Crack Half-Hearted Smile Amid Longer Term Depression
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
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 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 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 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