Trends

Newly released federal data reaffirmed the continued strength of the housing market
Newly released federal data reaffirmed the continued strength of the housing market.   Sales of new single-family houses in May were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban... Keep Reading....
Nearly 6.9 million homes along the Atlantic and Gulf Coasts are at potential risk of damage from hurricane storm surge inundation this year, according to CoreLogic’s 2017 Storm Surge Report
Nearly 6.9 million homes along the Atlantic and Gulf Coasts are at potential risk of damage from hurricane storm surge inundation this year, according to CoreLogic’s 2017 Storm Surge Report, which placed the total reconstruction cost value (RCV) at more than $1.5 trillion for a worst-case scenario... more
There were fewer people seeking home loan applications, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 26
There were fewer people seeking home loan applications, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 26.   The Market Composite Index was down by 3.4 percent on a seasonally adjusted basis and down by four percent on an unadjusted basis... more
Two leading data sources are reconfirming the seemingly endless ascension of home prices
Two leading data sources are reconfirming the seemingly endless ascension of home prices.   The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index set a 33-month high with a 5.8 percent annual gain in March, up from 5.7 percent in February. The 10-City Composite and the 20-City... more
For the first time in nearly six years, the Multifamily Production Index (MPI) released by the National Association of Home Builders (NAHB) fell below the 50-mark
For the first time in nearly six years, the Multifamily Production Index (MPI) released by the National Association of Home Builders (NAHB) fell below the 50-mark.   In the first quarter, the MPI took a seven-point fall to 48. The last time the MPI went below 50 was in the fourth quarter of 2011.... more