December Existing Home Sales Drop, But Annual Sales Reach 15-Year High
Existing home sales fell in December, the National Association of Realtors reported Thursday, snapping a streak of three straight monthly gains.
Trepp: Bank CRE Loan Originations Up, Delinquencies Down
Trepp LLC, New York, said bank commercial real estate originations rebounded in the third quarter, while delinquencies continue to trend downward after increasing modestly in 2020.
Zillow: Inventory Plunges 40% from Pre-COVID Levels as Price Growth Intensifies
No rest for weary would-be home buyers: Zillow, Seattle, said anxious buyers outnumbered dwindling new listings and drove inventory to record low levels in December.
Initial Claims Rise to 4-Month High
Initial claims for unemployment insurance rose for the third time in four weeks and climbed to their highest level since October, the Labor Department reported Thursday.