April Home Sales Forecast: Retreat From Recent Highs
New home sales have surged since the start of the year, rising in March to their second-highest level since the housing bust. We expect this three-month trend ended in April.
News
Oil Prices, Fed Comments Push Mortgage Rates to Five-Year High
A combination of strong data, geopolitical risk and comments from several Federal Reserve officials contributed to the jump.
Boosts in Wages, Inflation and Oil Prices Keep Mortgage Rates Aloft
Last Friday’s monthly jobs report was not stellar, but probably sufficient to keep an expected interest rate hike in June on track.
12 Places With the Most Vacation Homes
Ever visited a place where it seems like even the locals are on vacation? You might be right.
Notable Housing Numbers From April 2018
30.3 percentage points: The gap between white and black homeownership rates, which has widened since 1900. 21.6%: Share of income the typical renter in Pittsburgh -- the most affordable major rental market in the country -- pays in rent.
Mortgage Rates Touch Highest Levels in Four Years
Mortgage rates retreated late last week from the four-year highs they had touched during the previous week.
Rapid Reaction: Q1 2018 Homeownership Rate
The seasonally adjusted Q1 2018 homeownership rate was 64.2 percent, according to the U.S. Census Bureau, unchanged from Q4 2017 and up somewhat from 63.6 percent in Q1 2017.
Mortgage Rates Touch Highest Levels in Four Years
After flatlining for much of the past two months, mortgage rates again moved definitively upward over the past week, touching their highest levels since January 2014.
February Case-Shiller Results and March Forecast: Home Prices Pushed Higher by Inventory Crunch
The kind of sustained, rapid home price growth we’ve been seeing in Case-Shiller and other indices for the past few years is enough to give home buyers of all stripes a headache. And don’t expect things to slow down any time soon.
March New Home Sales: Inventory Maintains Earlier Gain
The median seasonally adjusted price of new homes sold in March increased by 2.1 percent from February to $336,100, a new all-time high beating the previous record of $334,900 reported in November 2017.
