Analysis and Data

The year-over-year decline was most pronounced in the South and Northeast, where sales fell 5.1% and 4% respectively.

Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May.

The 30-year fixed-rate mortgage averaged 6.87%.

Single-family building permits drop to lowest level in a year

The Philadelphia Fed's study finds limited borrower sophistication may provide lenders with market power.

First American Data & Analytics reports May home price index 5.9% higher YOY

The flipping rate rose for the second straight quarter while investment returns reached 30% nationwide.

Cooling inflation is cooling home prices, Redfin report indicates

From 2021 to 2022, Zillow reported that the U.S. housing shortage grew to 4.5 million homes, up from 4.3 million.

Year-over-year growth slowed for all market segments except higher-priced rental properties.