Affordability dipped 5% YOY.
Tagged: First American Financial Corp.
March’s single-family housing starts came in at 1,022,000, per the U.S. Census Bureau
First American's March HPI makes monthly gain of 0.9%
Latest data breaks four-month period of gains for HMI Index
The runway to rate cuts continues to lengthen with month-over-month inflation growth in March.
Labor department reports 303,000 new jobs in March
More homeowners and renters report making tough sacrifices to afford monthly housing costs.
NAR reports 1.6% increase month-over-month.
Single women still outnumber single men when it comes to homeownership.
First American's latest HPI report highlights a year-over-year increase and anticipates a market adjustment as potential sellers eye falling mortgage rates, despite some local markets showing signs of cooling.