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.
Tag: First American Financial Corp.
November Pending Home Sales Drop 2.2%
Pending home sales slipped in November, as every region saw monthly declines, the National Association of Realtors reported Wednesday.
November New Home Sales Up 12.4% After Sharp October Revision
HUD and the Census Bureau reported November new single-family home sales jumped by 12.4 percent in October—but only after significantly revising down October numbers.
Milder Weather Boosts November Housing Starts
New residential construction benefited from relatively mild November weather, HUD and the Census Bureau reported Thursday.
Industry Briefs Dec. 8, 2021: Agencies Announce Dollar Thresholds for Exempt Consumer Credit/Lease Transactions
The Federal Reserve Board and the Consumer Financial Protection Bureau announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2022 are exempt from Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).
November Jobs Up by 210,000; Unemployment Rate Falls to 4.2%
The November employment report followed a recent and inconsistent pattern: employment rose in November, although well below expectations, while the unemployment rate fell sharply, the Bureau of Labor Statistics reported Friday.
Home Price Report: Double-Digit Growth Pushes On, Though a Bit Slower
A slew of reports Monday confirmed that home price growth continues to move along at a breakneck pace, but show signs of slowing.
October Pending Home Sales Up 7.5%
Pending home sales rebounded strongly in October after declining in September, the National Association of Realtors reported Monday.
October New Home Sales Up 0.4%
New home sales in October rose for the second straight month, albeit just slightly, HUD and the Census Bureau reported Wednesday.
Housing Starts Fall 3rd Straight Month
Housing starts fell for the third straight month in October, HUD and the Census Bureau reported Wednesday, although multifamily starts picked up, as did housing permits.