House price growth slowed further in August, offering some relief for buyers, First American Data & Analytics said in its Monthly Home Price Index Report.
Tag: Mark Fleming
Affordability’s Slow Comeback
For prospective buyers who have been waiting on the sidelines, the housing market is finally starting to listen, First American Chief Economist Mark Fleming writes.
Today’s Pace of Home Sales is Weaker Than Many Realize
Mark Fleming, chief economist at First American, writes that comparing the pace of home sales today to past decades without considering the growing number of households is misleading.
November Job Growth Exceeds Expectation
November’s job creation bounced back from October and exceeded consensus estimates.
BLS: Jobs Close to Flat in October
Total nonfarm payroll inched up by just 12,000 in October, and the unemployment rate was unchanged at 4.1%, per the U.S. Bureau of Labor Statistics.
Affordability Improves for Second Month, but Home Buyers Shrug–Mark Fleming from First American
Nationally, affordability improved on a monthly basis for the second consecutive month in July, driven by lower mortgage rates and positive income growth. However, on an annual basis, affordability remains nearly 2 percent lower than one year ago.
Affordability Improves for Second Month, but Home Buyers Shrug–First American’s Mark Fleming
Nationally, affordability improved on a monthly basis for the second consecutive month in July, driven by lower mortgage rates and positive income growth. However, on an annual basis, affordability remains nearly 2 percent lower than one year ago.
First American’s Mark Fleming: Affordability Improves for Second Month, but Home Buyers Shrug
Nationally, affordability improved on a monthly basis for the second consecutive month in July, driven by lower mortgage rates and positive income growth. However, on an annual basis, affordability remains nearly 2 percent lower than one year ago.
Mark Fleming From First American: Affordability Crunch Unlikely to Change Soon
Apart from the fall of 2023, affordability in May reached its lowest level in over three decades. On a year-over-year basis, affordability declined by nearly 9%.
First American’s Mark Fleming: Affordability Crunch Unlikely to Change Through 2024
Apart from the fall of 2023, affordability in May reached its lowest level in over three decades. On a year-over-year basis, affordability declined by nearly 9%.