Analysis and Data
The MBA's Loan Monitoring Survey revealed that the total number of loans now in forbearance fell 13 basis points.
Survey respondents also expect to lose access to credit and spend more for household goods.
March inflation reports were heavily impacted by the energy price spike caused by Russia’s invasion of Ukraine.
NAHB/Wells Fargo Housing Market Index falls for fourth straight month.
Prices hit a new monthly record, but inventory continued to plummet.
Home prices increased another 5% in the first quarter.
The median home sale price was up 17% year over year
Rental market not expected to cool down quickly
Bank’s CFO said it was the largest quarter-to-quarter drop since 2003
Pricey homes are holding back potential homebuyers of all races, but a new NAR report shows that obstacles to homeownership varied by race and ethnicity.