Analysis and Data
Rates climbed up for the second consecutive week, posting a 3.3% increase.
Quarterly, home prices rose a seasonally adjusted 1.7% in Q1 2024, essentially the same as the growth in Q4 2023.
First American's March HPI makes monthly gain of 0.9%
Latest data breaks four-month period of gains for HMI Index
Mortgage applications for new home purchases increased 6.2% year-over-year, but only 1% month-over-month.
Redfin report shows less renter confidence from a year ago
Realtor.com's survey shows fewer prospective sellers feel locked in by their low interest rate.
Zillow report shows prices skyrocketing along California coast
Broader economic uncertainty makes for a challenging 2024, MCT's head of trading says.
Redfin says buyers’ costs will likely stay high due to inflation news.