Analysis and Data

Applications for new home purchases fell for the third consecutive month.

Home prices have risen by an annualized rate of 10.7% in the first six months, according to a report from Radian.

Housing inventory continues its recovery for the second consecutive month in June, showing the potential for a rebalanced market.

The ESR group heavily revised home price projections after seeing record high demand amid low inventory for the first half of the year.

The Pentagon Federal Credit Union (PenFed) released highlights from its strongest performing quarter in the institution's 86-year history.

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

While housing market potential strengthened in June 2021, the 0.2% increase from May could have been much stronger if not for the limited supply of housing.

ATTOM’s report shows that U.S. properties with foreclosure filings are down 68% from the same period last year and down 78% from two years ago. 

Overall, MCAI fell by 8.5% to 118.8 in June — a decline that indicates lending standards are tightening. 

The gap between new net listings and the number of listings under contract is narrowing, which signals the easing of supply constraints.