Analysis and Data
Fannie Mae predicts mortgage originations continue to drop below 2019 levels.
Home prices increased at their slowest pace since June 2020, rising 7.7%
Redfin says a number of metrics that reflect a cooling market are now leveling off.
Zillow says it's surprising, but points to a rebalancing of the housing market.
In dollar terms, home investing up over 10% year over year.
Median house price was $403,800, up nearly 11% YOY, but down from June.
Home purchase demand expected to drag through the end of the year.
Number of U.S. properties facing foreclosure is up more than 25% from a year ago.
Risk year-over-year also declined, but CoreLogic officials expect trend to reverse.
Down 14.4% in July from a year earlier, declining home sales are a symptom a cooling housing market.