Analysis and Data
Housing inventory slipping, prices declining as real estate company walks back its sunny November predictions.
Potential homebuyers, sellers still waiting for a dramatic drop in rates.
Sales were down more than 20% from the same month last year.
High mortgage rates preventing homebuyers and sellers from entering the market.
Experts: Affordable housing, less-restrictive zoning needed to close 4.3M-home deficit.
Despite lack of supply, Potential Home Sales Model improves, First American says.
Flips increased to 9% of sales as profit margins post modest increase.
Says May's 1.4M homes for sale was the lowest ever in its records.
GSE's June economic outlook predicts U.S. will avoid a recession.
Purchase application volume rose while refis continued to fall.