Single-family house prices increased 5.9% from third-quarter 2023 to third-quarter 2024, a deceleration from the previous quarter’s 6.4% annual growth rate, according to Fannie Mae, Washington, D.C.
Tag: Mark Palim
Fannie Mae HPSI Up Slightly in August
Fannie Mae released the results of its Home Purchase Sentiment Index for August, finding it increased 0.6 points to 72.1.
Fannie Mae Panel Predicts Home Price Growth Will Decelerate in 2024, 2025
A panel of housing experts forecasts annual national home price growth of 4.7% in 2024 and 3.1% in 2025, according to the third-quarter Fannie Mae Home Price Expectations Survey.
Fannie Mae: Housing Sentiment Sees Slight Rebound
The Fannie Mae Home Purchase Sentiment Index saw a 3.2-point increase in June to 72.6.
Fannie Mae: Survey-High Share of Consumers Expect Mortgage Rates to Fall
Fannie Mae released its Home Purchase Sentiment Index for December, highlighting a 2.9-point increase to 67.2. That jump is primarily due to the survey-high 31% of consumers who believe mortgage rates will go down over the next year.
Jobs Increase in November, Unemployment Rate at 3.7%
Total nonfarm payroll employment increased by 199,000 in November, and the unemployment rate now sits at 3.7%, the U.S. Bureau of Labor Statistics reported.
March New Home Sales Stumble
New home sales took a tumble in March, HUD and the Census Bureau reported Tuesday, hamstrung by the usual suspects: rising interest rates; inadequate inventories and rapidly increasing home prices.
Housing Market Roundup: Apr. 8, 2022
Here’s a quick-hit summary of recent housing reports that came across the MBA NewsLink desk:
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.
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.