December New Home Sales: Overcoming Obstacles
New home sales rose in each of the final two months of 2021, a hopeful sign that builders are starting to overcome supply chain disruptions.
News
No Shot in the Arm: Why COVID Vaccination Rates Have Little Impact on Local Housing Dynamics
With the widespread rollout of COVID-19 vaccines beginning in early 2021, local vaccination rates were found to have little impact on housing market performance or long-term, strategic housing decisions – but did lengthen transaction times in less-vaccinated areas.
December Existing Home Sales: Starved for Choice
Existing home sales fell back to earth in December, proving it's very hard for sales to meaningfully grow when there's simply nothing available to buy.
Mortgage Rates Increase to Highest Level Since March 2020
Mortgage rates continued to increase last week, reaching their highest levels since March of 2020.
Zillow December 2021-December 2022 Home Value & Sale Forecast
Existing home sales are expected to continue growing through 2022, while annual home value growth is likely to peak and plateau in the early months of 2022.
Mortgage Rates Rise on Signs of Hawkish Fed Reaction to Inflation
Mortgage rates increased significantly, with markets reacting to signs the Federal Reserve will take a more hawkish approach to inflation.
October 2021 Case-Shiller Results & Forecast: Still Moving with Blazing Speed
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 19.1% year-over-year in October (NSA), down from 19.7% in September.
November New Home Sales: A Choppy End to 2021
November new home sales rose 12.4% from downwardly revised October data, to 744,000 (SAAR), according to the U.S. Census Bureau.
Mortgage Rates Unchanged Against Tight Labor Market and Inflationary Pressures
Mortgage rates ended the week unchanged, after economic releases last week continue to show a tight labor market and inflationary pressures.
Mortgage Rates Down and Up on Conflicting Data
Mortgage rates declined slightly last week, but have ticked back up in recent days.
