2021 Sets Home Price Records; 2022—Maybe Not So Much

Red Bell Real Estate LLC, Wayne, Pa., reported multiple housing market records for 2021, including average sales price, days on market, median estimated home price and number of closed sales. But analysts cautioned signs of slowing could put a damper on 2022 results.

Housing Market Roundup Nov. 22, 2021

Here’s a summary of some of the latest housing and economic reports that have come across the MBA NewsLink desk:

Housing Market Roundup

Among the many housing reports that came across our desk this week: Genworth Mortgage Insurance said 2020 was the “best year on record” for first-time home buyers; Radian said February home prices accelerated; Black Knight reported mortgage delinquencies rose for the first time in nine months; and Redfin said the home-buying process is becoming a headache for many consumers.

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.

Housing Report Roundup

Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.