Analysis and Data

This month's credit availability decreased to its lowest level since January 2013.

Cities with home values over $1M declining more than national average.

Black Knight data shows nonconforming loans helped overcome rate lock drop.

Better-than-expected employment figures point to Fed raising rates in 2 weeks.

Payments of nearly $2,600 further dampen homebuying affordability.

Reports $163.7M loss for the full year.

Rates climb closer to 7%; reach level not seen since November.

Also reported a net loss of $610.4M for all of 2022; ousted founder in proxy fight says board needs 'a fresh perspective'

Overall activity fell 15% from January, and is down 54% from a year earlier.