May New Home Sales: Poised for Continued Improvement
May new home sales were up 16.6% from April and 12.7% from May 2019, to 676,000 (SAAR), according to the U.S. Census Bureau.
Zillow Market Pulse: June 22, 2020
The slide in May home sales is better than it looks. Signals are mixed around the long-term health of the mortgage market, but the economy is doing better.
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 Weekly Market Report: Data Through June 13, 2020
Home buyer demand continues to grow, but their choices became slimmer last week. Newly pending sales rose, but new listings and total listings fell.
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.
U.S. Home Value Growth Slows, Signalling Potential Price Decline to Come (May 2020 Market Report)
The typical U.S. home value grew 4.3% year over year in May, to $251,598. But monthly growth slowed noticeably from April.
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.
LGBT Home Buyers May Be Priced Out of Areas With Legal Protections From Discrimination
The typical cost of buying a home in areas with explicit legal protections for the LGBT community is $328,575, ~63% more than areas with no protections.
