Analysis and Data
The increase in the CPI is down from 9.1% at the same point last year.
MBA's Market Composite Index rose 0.9%, despite interest rates rising above 7%.
The student loan pause allowed some young Americans to buy homes; with payments restarting, they could now face a harsh reality.
Credit remains near its tightest level in the past decade.
Annual appreciation projected to regain steam later this year.
Says Homeowner Assistance Fund made roughly $3.7B in payments to more than 318,000 financially distressed homeowners.
Company says increase may be a one-time thing due to high rates, low inventory.
Home prices hit record high in May; inventory, affordability plague buyers.
Home Purchase Sentiment Index stuck at relatively low level in June as supply and affordability issues linger.
Single women bought 1 in 6 homes in 2022