Analysis and Data

Despite rising home prices, demand for housing units outstrips supply.

Freddie Mac officials say the volatility is causing purchase demand to wane.

Higher home prices and sharply higher mortgage rates have reduced buyer activity.

Home sales and mortgage originations are predicted to drop.

Zillow sees signs that a rebalancing could be around the corner, but for now the market is moving at record speed.

Townhouses were more likely to receive multiple bids.

People spent $2.8 trillion on homes last year, setting an all-time high.

Forty-six percent of bank executives predict overall economic conditions will worsen over the next 12 months

The central banks lacks "precision tools" but will slow the economy.

In April, there were 815,000 single-family homes under construction (seasonally adjusted), the highest level since 2006.