Analysis and Data

Industry insiders share insights on the housing market's future.

Despite a 50 basis point decline in rates over past six weeks, purchase activity remained approximately 20% lower than the previous year.

Four separate indexes released Tuesday show increases in home prices as much as 5.5%.

October 2023 sees a 5.6% decrease in new single-family home sales compared to September, yet records a robust 17.7% compared to October 2022.

Economic and Strategic Research Group forecasts home sales to be the lowest since 2010.

30-Year Mortgage Rates Drop to 7.29% as Mortgage Applications Rise by 3%

First American's Potential Home Sales Model forecasts continuation of 2023's market trends

National Association of Realtors reports decline in sales across most U.S. regions.

Approximately 145,000 homeowners in forbearance as COVID-related reasons decrease.

Consumer credit preferences shift as households anticipate reduced demand for credit cards, mortgages, and auto loans in the coming year.