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Analysis and Data
Coming Up:
Homeowners And Renters Respond Differently To Job Loss
College-educated homeowners are twice as likely to leave the workforce after a job loss compared to renters.
Black Homeowners Face Higher Financial Standards
Survey finds Black Americans face greater financial and generational barriers when it comes to homeownership.
U.S. Construction Industry Projected To Grow 15.6% In 2021
The U.S. construction industry is projected to grow by more than 15% in 2021, despite pandemic-induced challenges.
Love The One You’re With: Home Improvements Trend Upward As Purchases Decline
More than two-thirds of U.S. homeowners (67%) plan to tackle home improvements this year, according to the latest BMO Real Financial Progress Index.
U.S. House Price Index Jumps More Than 15 Percent YOY
The Federal Housing Finance Agency reported a 1.8% increase in the U.S. house price in April 2021 and a year-over-year increase of 15.7%.
Market Shows Signs Of Cooling According To Redfin Report
The housing market shows signs of cooling down as mortgage rates continue to tick above 3% for the first time in 10 weeks.
Price Appreciation Lowers Affordability: Buy While You Can!
Rapid price appreciation for homes is driving declines in affordability, despite increased levels of income and low mortgage rates.
iBuyer Home Purchases Move Closer To Pre-Pandemic Levels
The number of iBuyer or "instant buyer" homes narrowed to 6.1% down year-over-year for the first quarter of 2021, according to Redfin.
Gov. Forbearance Pushes Home Prices To Record Levels
According to the latest Mortgage Monitor Report from Black Knight Inc., dwindling levels of inventory are pushing the prices of homes to unseen levels.
Mortgage Rates Creep Above 3 Percent For The First Time In 10 Weeks
Following ten weeks of sub-3% averages, Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 3.02%.