For Week Ending May 3, 2025 U.S. pending home sales increased 6.1% from the previous month, the largest monthly increase since December 2023, according to the National Association of Realtors®. Economists polled by Reuters had forecast an increase of 1% … Continue reading
For Week Ending April 26, 2025 U.S. housing starts fell 11.4% month-over-month to a seasonally adjusted annual rate of 1,324,000 units, according to the U.S. Census Bureau, as increased material costs weigh on homebuilders. Single-family starts decreased 14.2% from the … Continue reading
For Week Ending April 19, 2025 Housing inventory continues to grow nationwide, climbing 28.5% year-over-year, according to Realtor®.com’s March 2025 Monthly Housing Market Trends Report. New listing activity increased 10.2% from one year ago, marking the most active March for … Continue reading
For Week Ending April 12, 2025 The national median mortgage payment remained unchanged at $2,205 in February, and was up 1.0%, or $21, compared to the same time last year, according to the Mortgage Bankers Association. For conventional loan applicants, … Continue reading
For Week Ending April 5, 2025 Mortgage application volume increased 20% from one week earlier, according to the Mortgage Bankers Association, as a drop in rates caused a spike in demand. Purchase applications rose 9% from the previous week and … Continue reading