Analysis and Data
Driven by purchase applications.
National rents grew at a double-digit annual pace for the 10th straight month in May, but by the smallest amount since fall 2021 – hinting at potential relief to come later this year.
After unprecedented earning years, is now the time to sell?
Limited Sense Of Control Comes At Great Cost
National Association of Realtors also reports that median sales price tops $400,000 for the first time
Surging prices and interest rates have made mortgages less affordable than at any time since at least 2007.
There are two trends locking homeowners in place and preventing much-needed housing supply from reaching the market.
Rising interest rates and building material supply-chain disruptions act as significant headwinds on the housing market.
Rising mortgage rates cause home sales to fall in May for only the second time on record, while home prices saw the smallest May increase on record.
CEO confidence continues to decline