Analysis and Data

Added Inventory Expected To Boost Spring Homebuying

First American economist expect a rise in home sales this spring.

Analysis and Data
Banks Report Weaker Demand And Tighter Lending Standards In Fed Survey

April 2024 (Q1) Senior Loan Officer Opinion Survey on Bank Lending Practices shows weakening demand for consumer loans.

Analysis and Data
Homebuyers Have A Friend In New Construction

Redfin analysis indicates one-third of homes for sale in Q1 2024 were newly built

Analysis and Data
Construction
Twenty-Somethings Buying More Homes Than Their Elders Did

Redfin analysis shows Gen Z homebuyers buying in Rust Belt metros

Analysis and Data
Single-family Housing Starts Remain Flat In April

National Association of Home Builders attributes levelling off to high rates and low confidence

Construction
Analysis and Data
Mortgage Delinquencies Up 38 Basis Points YOY In Q1 2024

Payments past due increased on all loan types this year, the MBA reported

Analysis and Data
Mortgage Rates Marginally Decrease For Second Consecutive Week

Freddie Mac reported the 30-year fixed-rate mortgage (FRM) averaged 7.02% this week

Analysis and Data
Sluggish Start To The Spring Homebuying Season

High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.

Analysis and Data
Builder Sentiment Declines In May, Ending 6-Month Streak

The NAHB/Wells Fargo Housing Market Index shows the use of sales incentives rose 2% month over month.

Construction
Analysis and Data
Inflation Cools For First Time in Three Months

Department of Labor's April Consumer Price Index increased in line with expectations

Analysis and Data