MBA’s residential policy team hosted nearly 100 meetings across 15 policy committees, subcommittees and working groups, including six Town Hall webinars reaching 4,000 members.
The good news for home buyers: home price growth continued to decelerate, according to reports last week from S&P Down Jones Indices and the Federal Housing Finance Agency. The bad news: home price growth maintains double-digit percentage annual growth that appears likely to continue well into 2022.
Pending home sales slipped in November, as every region saw monthly declines, the National Association of Realtors reported Wednesday.
Reports from First American Financial Corp., Santa Ana, Calif., and ATTOM, Irvine, Calif., show rising home prices and inflation are taking a bigger bite out of housing affordability entering the new year.
Redfin, Seattle, said 73 percent of homebuyers and sellers say inflation is influencing their plans.