New Home Sales: New Sales Slipping Further from Peak
The housing market cooled off during the fall and early winter of 2022, and new home sales followed suit with new sales lagging far behind 2021 and setting back closer to pre-pandemic levels.
Mortgage Rates Edge Slightly Higher as Investors Weigh Recession Risks
Mortgage rates ticked up this week, the first weekly increase of the year, as the market jockeys for position ahead of next week’s updates on monetary policy and the labor market.
December 2022 Existing Home Sales: Sales Fell For the 11th Consecutive Month
Existing home sales fell less than expected in December. More sellers are accepting lower offers.
December Housing Starts: Homebuilding Activity Continues to Slow Amid Cooling Market
A record number of housing units are currently under construction
Home values slipped 0.2% in December, a repeat of November’s modest decline, leaving the typical home value at $356,819, or 0.7% below the peak set in June, according to the Zillow Home Value Index.
Mortgage Rates Fall as New Data Backs up Falling Inflation, but Debt Fight Could Roil Market
Mortgage rates fell this week with while key indicators point to slowing economy.
Rents slide for third month in a row to close out 2022 (December 2022 Rental Report)
Asking rents fell 0.3% from November to December, another large decline following the largest one-month drop in the seven-year history of the Zillow Observed Rent Index.
Why Charlotte Will Be 2023’s Hottest Market
Zillow’s annual predictions for the hottest housing markets of the year. Factors include expected home value growth, projected change in owner-occupied households and job growth compared to new construction.
Mortgage Rates Fall As Services Sector Contracts
Mortgage rates fell this week with while key indicators point to slowing economy.
