Analysis and Data
Price increases marked 123rd consecutive month of gains.
In contrast, multifamily construction growth in large population centers has rebounded during the same period.
More than half (56%) of respondents said they don’t expect the Fed to materially reduce inflation while averting a recession.
The percentage of respondents who say it is a good time to buy a home decreased from 19% to 17% in this year’s Fannie Mae Home Purchase Sentiment Index (HPSI).
Black Knight: Worst housing market in 16 years, but existing mortgage holders gained a record $1.2T in equity in Q1 2022
New information released by MCT Data shows purchase locks dropped last month.
With more company employees working from home, many Americans flocked to high fire risk areas, causing homes with high fire risks to sell higher than low-risk homes.
Economists say numbers appear to support Fed's efforts to tighten the economy.
Housing market is normalizing as summer approaches.
Home inventory increased for the first time in three years but the median national home price climbed to an all time high of nearly half a million dollars.