June New Home Sales: Remarkably Resilient
June new home sales were up 13.8% from May and 6.9% from June 2019, to 776,000 (SAAR), according to the U.S. Census Bureau.
June New Home Sales: Remarkably Resilient
June new home sales were up 13.8% from May and 6.9% from June 2019, to 776,000 (SAAR), according to the U.S. Census Bureau.
Zillow Market Pulse: July 22, 2020
Existing home sales finally show the fruits of strong housing market performance as they rise in the largest one-month increase in the series’ history.
Mortgage Rates Fall Further as Investors Watch Coronavirus Cases Rise
Mortgage rates fell further this week, reaching new lows as markets wait for signs as coronavirus cases rise.
June Existing Home Sales: Making Up For Lost Time
June existing home sales rose 20.7% from May to 4.72 million (SAAR), according to the National Association of Realtors, the largest ever one-month increase in the series' history.
Zillow Market Pulse: July 20, 2020
Surging coronavirus case volumes are dampening consumer optimism, which turned down in July, erasing two months of improvements
June Housing Starts: A True Bright Spot
June housing starts rose 17.3% from May, to 1,186,000 (SAAR), and were down 4 percent from a year ago, according to the U.S. Census Bureau.
Zillow Market Pulse: July 16, 2020
Homebuilder confidence and retail sales rebound but the looming expiration of jobless benefits places these recoveries at risk.
Zillow Market Pulse: July 15, 2020
Rental payment rates continue to fall short ahead of the expiration of enhanced unemployment benefits, and households are concerned about losing income.
Mortgage Rates Remain Flat in Wake of Latest Coronavirus Surge
Mortgage rates held steady at record-low levels this week, continuing a trend of remarkable consistency
Zillow Market Pulse: July 14, 2020
The expiration of a suite of successful unemployment assistance programs is looming large, and letting them lapse could have dire consequences.