Analysis and Data
House prices are now 52.9% above the housing boom peak in 2006.
On an unadjusted basis, the Market Composite Index decreased 20%.
Single-family rental home purchases targeted to larger Black populations.
The FHFA price index rose 1.6% in April, parallel with S&P’s reported 2.08% gain.
Year-over-year, contract activity slid in all four major regions.
Increase was the first this year; April estimate of sales also revised upward.
Increasing mortgage rates, home prices, and loan fees makes second-home buyers say no thanks.
Company’s “first look” finds serious delinquencies, foreclosure starts showing continued improvement.
Homebuying demand pulls back further as mortgage rates near 13-year high.
In a striking trend, profit margins slipped to their lowest point since 2009.