Pending Home Sales Fall 6th Straight Month

Pending home sales fell by nearly 4 percent in April—the sixth consecutive monthly drop—the National Association of Realtors reported Thursday.

Housing Market Roundup Apr. 26, 2022

Here is a summary of recent stories of interest to the real estate finance community that have come across the MBA Newslink desk:

First American: Rising Rates Could Trigger Buyers

Fear of missing out on low rates and the potential loss of house-buying power could supercharge the housing market ahead of the spring home-buying season, said First American Financial Corp., Santa Ana, Calif.

Housing Affordability Concerns Intensify

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.

Despite Price Spikes, Homeownership Remains Affordable

Two reports—from ATTOM Data Solutions, Irvine, Calif., and First American Financial Corp., Santa Ana, Calif.—say despite sharp spikes in home prices, homeownership remains affordable for most workers, which continues to drive housing demand.

Home Prices Keep Going Up, Up, Up

A flurry of economic reports shows U.S. home price appreciation, triggered by low housing inventories, keep pushing toward—and beyond—double-digit percentage annual growth.