July 2021 Case-Shiller Results & Forecast: Scorching Hot
Home price growth remained scorching hot as the housing market entered the dog days of summer, but data released in the weeks since indicate cooler days in the months to come
Market Trends
August New Home Sales: Solid Improvement
New home sales rose for the second consecutive month in August, the latest sign that homebuilders are recovering from problems that plagued them earlier in the year.
Mortgage Rates Rise, Following Muted Reaction to Fed Announcement
Mortgage rates rose this week but avoided further increases following a muted reaction to a Federal Reserve announcement.
August Existing Home Sales: Reversing Some Gains
Though home sales remain brisk by historic standards, August existing home sales reversed some of the gains made earlier in the summer.
August Housing Starts: Defying Expectations
Despite ongoing challenges, the nation's homebuilders are finding ways to defy expectations and keep their pipelines moving.
Housing Market Expected to Stay Stable as COVID-era Protections End
Only a small share of inventory is expected to come from homeowners foreclosed upon after the expiration of key federal protections.
Mortgage Rates Fall Slightly Waiting for Signal
Mortgage rates moved slightly lower this week, barely budging as markets await a signal for a more pronounced move in either direction
Housing Market Easing From White Hot to Merely Red Hot (August 2021 Market Report)
Rapid housing cost growth cooled a bit in August, paving the way for a still-strong but potentially more manageable housing market to come.
How the Latinx-White Wealth Gap has Shrunk — and Why There’s Still So Much Farther to Go
The typical Latinx household currently has less than half (43.7%) of the wealth of a typical non-Hispanic white household, up from 28.4% in 2016.
iBuyers Are Helping People Move in Record Numbers
iBuyers were part of 1% of all U.S. home transactions in Q2, with homeowners using an iBuying service to sell more than 15,000 homes.
