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Analysis and Data
Coming Up:
Single-Family Starts Down In June, But Completions A Bright Spot
Newest data could help incentivize rate cuts later this year
Fannie Mae: Home Prices Show Signs Of Slowing
Single-family home prices saw a year-over-year increase of 6.9% in Q2 2024, per Fannie's latest Home Price Index.
High Home Prices Hamper Foreign Buyers
The 54,300 existing homes international clients bought from April 2023 to March 2024 is 36% fewer annually.
Builder Confidence Falls Slightly in July
As buyers anxiously await lower mortgage rates, home builders cut prices
Mortgage Applications Up 3.9% From Last Week
On an unadjusted basis, the Market Composite Index, a measure of mortgage loan application volume, increased 30% compared to last week.
Nearly 1 In 4 Sellers Cut Home Prices
Total number of homes increased 23% from last year, up 4% from May to June
Small Investor Purchases Jump In First Quarter
Despite subdued investor activity, rising sentiment presages a broader return to the market as it softens.
Homebuyer Price Expectations Far From Reality
New home buyers shopping in virtually nonexistent price tier
National House Price Growth Slows For Sixth Consecutive Month
House prices nationally are now 54.7% higher compared to pre-pandemic levels.
It's A Buyers' Market, For Now
Redfin data shows a homebuying window has opened