September Existing Home Sales: Torrid Growth
Building on an already strong pace set in July and August, September existing home sales rose at their fastest annual rate since 2010.
September Existing Home Sales: Torrid Growth
Building on an already strong pace set in July and August, September existing home sales rose at their fastest annual rate since 2010.
Mortgage Rates Rise After Weeks of Little Change
Mortgage rates ticked up after weeks of little movement and after bond yields rise to their highest levels in months.
Zillow Market Pulse: October 21, 2020
Housing permits and starts were up in September, but should probably be higher. And unemployment is down for the wrong reasons.
September Housing Starts: Still Seeking Top Gear
September housing starts and permits data was good, but not great, reflecting both builders' optimism and longstanding challenges.
Zillow Market Pulse: October 19, 2020
Homebuilder confidence hit new highs, even as the industry struggles to hit its stride. Consumers are bullish on the long-term, bearish on the near-term.
Zillow Market Pulse: October 16, 2020
Retail sales were unexpectedly bright in September, but reports on the labor market and industrial sector painted a darker picture of the economy's health.
Mortgage Rates Stay Flat Even With Movement in Bond Market
Despite fluctuating Treasury yields, mortgage rates stay flat. Demand for mortgages is still very strong and many lenders appear to be keeping rates higher, in order to moderate the inflow of borrower requests and account for perceived risk.
Zillow Market Pulse: October 14, 2020
Mortgage application activity remains strong, but is starting to fade somewhat. And most consumer stimulus money from earlier this year was saved, not spent.
Zillow Market Pulse: October 12, 2020
Home buyers and business owners both are finding loans harder to get. And temporary -- but not permanent -- moves spiked in the early days of the pandemic.
Zillow Market Pulse: October 9, 2020
Consumer housing sentiment improved, but sellers are now more bullish than buyers. Forbearance participation is down, as is (unexpectedly) credit card debt.