May Existing Home Sales: A Measurement from a Different Time
May existing home sales were down 9.7% from April and 26.6% from a year ago, to 3.91 million sales, according to the National Association of Realtors.
May Existing Home Sales: A Measurement from a Different Time
May existing home sales were down 9.7% from April and 26.6% from a year ago, to 3.91 million sales, according to the National Association of Realtors.
Zillow Market Pulse: June 18, 2020
Another week, another couple million unemployment claims. And more than 100 million consumer loans are enrolled in some kind of relief program.
Mortgage Rates Fall Slightly, But Where do They Go From Here?
After falling sharply for about a week, mortgage rates leveled off in recent days and ultimately finished the last seven days down just slightly.
Zillow Market Pulse: June 17, 2020
Construction activity is starting to slowly come back, while mortgage applications continue to soar. And spending declines may be driven by the wealthy.
May Housing Starts: Slowly Coming Back
May housing starts rose 4.3% from April, to 974,000 (SAAR), and were down 23.2 percent from a year ago, according to the U.S. Census Bureau.
Zillow Market Pulse: June 16, 2020
Retail sales had a record bounce-back in May -- and still remain down from pre-coronavirus levels. And homebuilder confidence is back.
Zillow Market Pulse: June 15, 2020
The ongoing pandemic could lead to a decline of 20%, on average, in state tax revenues. And mortgage lenders continue to be optimistic.
Zillow Market Pulse: June 12, 2020
Tentative gains in consumer confidence and spending are threatened by emerging signs of a second wave of coronavirus cases in several big states.
Zillow Market Pulse: June 11, 2020
The record surge in the stock market came to a crashing halt as investor optimism waned and signs of recovering economic fundamentals faltered.
Mortgage Rates Fall After Fed Commits to Buy Mortgage-Backed Securities
Mortgage rates fell after a wild week, thanks in large part to the Federal Reserve committing to purchase large amounts of mortgage-backed securities.
