Analysis and Data

The Mortgage Bankers Association reports a 19.1% year-over-year increase in new home purchase applications, with a seasonally adjusted annual rate reaching 700,000 units, the highest since October 2023.

Pending home sales slowed in January.

Freddie Mac's Primary Mortgage Survey shows rates up to 6.77% last week.

NAHB/Wells Fargo Index reaches a new high since August 2023, as industry experts anticipate a modest housing recovery and builders adjust strategies in a volatile market.

Median home values dropped in over half of ATTOM's targeted Opportunity Zones in the U.S. in Q4 2023.

Redfin found in the fourth quarter that investors were busy scooping up low-cost housing.

A 2.3% fall in mortgage applications signals ongoing affordability challenges, with rising interest rates dampening both refinance and purchase demand.

ATTOM reports that foreclosure filings were up in January 2024.

Concerns mount over persistent inflationary pressures amid a moderating economy, prompting debate over future policy moves.