Analysis and Data
The ESR Group forecasts overall economic growth to slow and mortgage rates to end the year near 7%.
Attached single-family rentals experienced their first price decline in 14 years, dropping 0.6% in March.
First American economist expect a rise in home sales this spring.
April 2024 (Q1) Senior Loan Officer Opinion Survey on Bank Lending Practices shows weakening demand for consumer loans.
Redfin analysis indicates one-third of homes for sale in Q1 2024 were newly built
Redfin analysis shows Gen Z homebuyers buying in Rust Belt metros
National Association of Home Builders attributes levelling off to high rates and low confidence
Payments past due increased on all loan types this year, the MBA reported
Freddie Mac reported the 30-year fixed-rate mortgage (FRM) averaged 7.02% this week
High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.