For Week Ending November 18, 2023 U.S. home seller profits continue to rise, with profit margins on median-priced single-family home and condo sales climbing to 59% in the third quarter of the year, up from 56.6% in the second quarter … Continue reading
For Week Ending November 11, 2023 Despite sluggish home sales, US home prices have continued to increase, further impacting affordability for many prospective buyers. According to the latest S&P CoreLogic Case-Shiller Index, home prices were up 2.6% year-over-year and 0.4% … Continue reading
For Week Ending November 4, 2023 Builder confidence continues to wane amid persistently high mortgage rates, which have remained above 7% since mid-August. According to the National Association of Home Builders, builder confidence in newly built single-family homes fell four … Continue reading
For Week Ending October 28, 2023 Elevated mortgage rates have surpassed high home prices as the primary barrier to housing affordability, according to Fannie Mae’s latest Home Price Sentiment Index (HPSI), which fell by 2.4 points to 64.5 in September. … Continue reading
For Week Ending October 21, 2023 Annual U.S. single-family rent growth fell to 2.9% in August, marking the 16th consecutive month of declines, according to Corelogic’s most recent Single-Family Rent Index (SFRI). Although rent growth continues to moderate, single-family rents … Continue reading