Mortgage applications fell for the third straight week to their lowest level since 2018, despite interest rates falling for the fourth time in five weeks, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 27.
Home prices roared into March like a lion and left March like…well, a lion.
The Conference Board, New York, said its Consumer Confidence Index decreased slightly in May, following a small increase in April.
CBRE, Dallas, raised its hotel performance forecast based on first-quarter strength, slow construction activity, higher inflation and continued optimism about employment and economic growth.
U.S. commercial property price growth ebbed again in April, the third consecutive month of decelerating price gains, reported Real Capital Analytics, New York.