Housing starts and permits are still struggling to match levels from a year ago. But despite falling homebuilder sentiment, starts increased on a monthly basis following higher permits last month.
News
Federal Government Shutdown May Leave Thousands of Home Buyers in Limbo
Federally insured mortgage approvals are likely to be delayed, impacting Black borrowers most directly
August 2023 New Home Sales: New Sales Still Strong Compared to a Year Ago
New home sales slipped from last month, but are still elevated from a year ago.
The Value of Residential Real Estate Broke a New Record $52 Trillion
The total value of the U.S. housing market is 49% higher than before the pandemic.
August Existing Home Sales: Home Sale Slide Continues
Existing home sales dropped again in August leading to a full two years of continuous yearly declines in sales.
Mortgage rates increased this week as investors come to grips with the possibility of the path to two percent core inflation potentially taking longer than previously expected.
