Analysis and Data
Year-over-year total lock volume falls by nearly 50%
Intense housing competition and soaring house prices prompted buyers to double their down payments.
California economist says COVID-19 stimulus payments caused problems.
HouseCanary Market Pulse reports finds big increases in home listings being removed, price drops.
MBA Market Composite Index fell 14.2% last week to the slowest pace since 1997.
Buyers need to search for cheaper homes, which typically translates to smaller ones.
Prediction is based in part on U.S. home prices slowing for the fourth consecutive month.
Black Knight finds home prices are on the decline, but soaring interest rates create record-breaking P&I payments.
Nearly all teens (97%) surveyed thought it would be helpful if schools offered lessons that explained homeownership.
homegenius says home prices rose at an annualized 12% from the month prior.