Here’s a summary of housing market reports that came across the MBA NewsLink desk this week:
Tag: Doug Duncan
Fannie Mae: Housing Sentiment Near Record Low
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell by another 1.2 points in September to 60.8, its seventh consecutive monthly decline and its lowest level since 2011, amid growing affordability constraints.
Fannie Mae: Housing Sentiment Closes Near Record Low
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell by another 1.2 points in September to 60.8, its seventh consecutive monthly decline and its lowest level since 2011, amid growing affordability constraints.
Housing Market Roundup Sept. 22, 2022
Here’s a quick summary of housing/economic reports that recently came across the MBA NewsLink desk:
Fannie Mae: High Home Prices, Mortgage Rates Bring Housing Sentiment Down 6th Straight Month
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell for the sixth consecutive month, as high home prices and elevated mortgage rates continue to weigh on consumer sentiment, particularly home-selling sentiment.
July New Home Sales at 6-1/2 Year Low; Price Growth Decelerates
New home sales fell to their slowest pace in six and a half years, while inventories stockpiled, HUD and the Census Bureau reported Tuesday. In a separate report, RE/MAX, Denver, said median home sales prices fell for the first time since January
Housing Market Roundup Aug. 23, 2022
Here’s a quick summary of housing/real estate finance articles that have come across the MBA NewsLink desk:
July Housing Starts Take Sharp Hit
It already hasn’t been a good week for housing. On Monday, the National Association of Home Builders reported its Housing Market Index fell for the eighth straight month to two-year low. And on Tuesday, HUD and the Census Bureau reported housing starts fell in July by nearly double digits to its slowest pace since 2020.
Fannie Mae: Consumer Sentiment Toward Housing at 11-Year Low
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell by two points in July to 62.8, its lowest level since 2011 and well below the record high set in 2019.
Solid Jobs Report Move Employment, Unemployment Rate to Pre-Pandemic Levels
Total nonfarm employment jumped by 528,000 jobs in July, more than double consensus expectations and pushing the unemployment rate to 3.5 percent, the Bureau of Labor Statistics reported Friday.