November Housing Starts: Homebuilding Continues to Slow
November continued to see a slip in home construction activity, despite inflation cooling off and mortgage rates falling.
News
Home Price Declines Resumed in November As Buyers Await Better Deals (November 2022 Market Report)
Home values slipped 0.2% in November, resuming a slow decline that began this summer.
Mortgage Rates Fall Slightly on Evidence of Waning Inflation
Mortgage rates fell slightly this week, as more evidence of waning inflation helped push rates back to their lowest levels in months.
Mortgage Rates Fall Sharply on Cooling Inflation
Mortgage rates fell sharply this week, retreating to their lowest level since September, and appear poised to fall further ahead of next week’s key update on inflation.
Mortgage Rates Flat, Appear Ready to Fall
Mortgage rates fell sharply this week after a blockbuster report on inflation showed that price pressures may finally be easing.
September 2022 Case-Shiller Results & Forecast: Holding Tight
September brought about high interest rates and slowing sales, which continued to slow home price growth annually. On a monthly level, home prices continued to drop. While buyers are stepping aside waiting for more affordable prices and rates – causing the slowdown on price growth – would-be sellers are sticking their ground and holding tight to the inventory they currently own.
October Existing Home Sales: Affordability Woes See Largest Drop in Sales in 15 Years
Existing home sales slipped in October, continuing the trend with every month in 2022 seeing a drop in sales, seeing the largest year over year decrease in existing home sales since 2007.
October Housing Starts: Homebuilding Activity Slows Again
October was a challenging month with disappointing inflation data and soaring interest rates, and it is no surprise that home building activity reverted back to a downward trend
Mortgage Rates Fall As Inflation Reports Easing Pressures
Mortgage rates fell sharply this week after a blockbuster report on inflation showed that price pressures may finally be easing.
Mortgage Rates Up Slightly Despite Midterms and Job Figures
Mortgage rates were up slightly this week, holding firm near 20-year highs after an eventful seven days filled with key monetary policy, economic and political updates. After rising strongly in response to comments from the Federal Reserve indicating that more rate hikes and policy tightening were likely in the coming months, mortgage rates had a muted reaction to the October jobs figures, which showcased a resilient, but softening labor market.
