The month-over-month progress is welcome news for a housing market that has struggled to gain momentum. What could be driving the uptick in sales activity?
Tag: First American
First American’s Odeta Kushi: Sales Activity Driven by the ‘Five Ds’ Amid Persistent Market Headwinds
The month-over-month progress is welcome news for a housing market that has struggled to gain momentum. What could be driving the uptick in sales activity?
First American’s Mark Fleming–How ‘Higher for Longer’ Impacts the Housing Market
In January, mortgage rates declined and affordability improved by nearly 2 percent compared with December, according to First American’s Real House Price Index. However, on an annualized basis, affordability decreased by approximately 7 percent.
New Home Sales Grew in December
Per the U.S. Census Bureau and U.S. Department of Housing and Urban Development, sales of new single-family homes in December hit a seasonally adjusted annual rate of 664,000.
Inflation Increases Slightly in December
The headline inflation rate increased modestly during December, the Bureau of Labor Statistics reported Thursday.
Job Market Grows by 216,000 in December
The job market held steady in December, with growth in payrolls of 216,000 and the unemployment rate unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday.
First American’s Mark Fleming: The Housing Market Outlook is Not Too Hot, Not Too Cold, But Not Quite Right Either
If the 2020-2021 housing market was ‘too hot,’ then the 2023 market was probably ‘too cold,’ but 2024 won’t yet be ‘just right.’
New Home Sales Dip From September
New single‐family home sales fell 5.6% in October to a seasonally adjusted annual rate of 679,000, the Census Bureau reported Monday.
October Housing Starts Exceed Expectations
Housing starts rose in October to a seasonally adjusted annual rate of 1.37 million, exceeding the consensus expectation of 1.35 million.
Pending Home Sales Tumble
Pending home sales slid 7.1% in August, the National Association of Realtors reported Thursday.