August 2021 Case-Shiller Results & Forecast: Beginning to Ease Off the Gas
House price growth through August sustained July’s unprecedented velocity, but autumn’s reports indicate that the market is easing off the gas pedal.
September New Home Sales: Stretching to Satisfy Demand
New home sales in September surged 14% above the previous month’s pace, the biggest monthly increase since July 2020.
September Existing Home Sales: Paying Dividends
September existing home sales soundly beat expectations and recorded their fastest annualized pace since last fall.
Mortgage Rates Rise on Strong Retail Spending, High Inflation Reading
Mortgage rates rose gradually this week on the back of stronger-than-expected retail sales data and inflation.
September Housing Starts: Supply Disruptions Finally Catch Up
Ongoing disruptions in the supply of building materials and the tight market for contractors finally caught up with U.S. home builders in September.
Housing Market Continues to Creep Toward More Balance (September 2021 Market Report)
The Zillow Home Value Index (ZHVI) rose 1.6% from August to September and 18.4% year-over-year, a new record-high pace of annual appreciation, to $308,220.
Zillow September 2021-September 2022 Home Value & Sale Forecast
Home sales activity is expected to get stronger while home value growth is likely to slow somewhat in the short-term before strengthening through Q3 2022.
Mortgage Rates Rise as Fed Points Toward Tapering
Mortgage rates fell and then rose this week, ending the last seven days where they began.
Where the Rent Burden is Most Unequal Across Racial Communities
The typical black and Latinx renting households are considered housing cost burdened; typical white and Asian renter households are not.
Mortgage Rates Right Back Where They Started
Mortgage rates fell and then rose this week, ending the last seven days where they began.
