(Photo by Joe Raedle/Getty Images) Getty Images Key Takeaways Existing home signed sales contracts went down 4% in November, extending the slide to ten months straight. It’s further evidence of a cont...
Tag: National Association of Realtors
Housing Market Trends: Homebuilder Sentiment Falls For 12 Months Straight
| Getty Images Key Takeaways Data released by the National Association of Home Builders shows that homebuilder sentiment fell to levels not seen since 2012 (ignoring a brief blip in 2020). Demand for ...
Is Mortgage Demand Falling As Buyers Respond To High Interest Rates, Low Supply?
| Getty Images Key takeaways Mortgage applications fell 1.9% from the previous week for the week ending on December 2, with many potential homebuyers likely waiting to see what the rate hike announcem...
In Real Estate, 2022 Has Been The Year Of Moving Farther Away
In 2022, the median American home buyer moved a distance of 50 miles from their previous residence. Getty Images For decades, Americans moving into new homes stayed pretty close to where they’d been l...
Could A Housing Recession Be On The Horizon?
Getty Images Key takeaways A slew of housing reports this week have furthered speculation that a mild housing market recession could be on the horizon NAHB data shows that builder confidence in the ne...
On Home Prices, Powell Forecasts A Correction, What Is He Seeing?
| Getty Images Key Takeaways Home sales are down 20% from a year ago, leading to optimism from those looking to get into the real estate market. Economists predict home price growth to stall in 2023. ...
Whither Real Estate
(Photo by Justin Sullivan/Getty Images) Getty Images There can be little doubt that for as long as the Federal Reserve (Fed) remains committed to its anti-inflation tightening policies, housing – sale...
Pending Home Sales Plunge In June As Demand Is Weighed Down By Surging Mortgage Rates
Topline Pending home sales—a leading indicator for housing market activity—plunged by a more than expected 20% in June compared to a year ago, according to new data from the National Association of Re...
Stocks Are In A Bear Market, Is A Housing Crash To Follow?
Getty Images Key takeaways Data from the National Association of Realtors shows that home prices are up 37% since March 2020 Meanwhile, total home sales are down 8.6% year-over-year and 3.4% month-ove...
Pending Home Sales See Surprise Rebound In May, But Experts Warn Housing Market Is ‘Undergoing A Transition’
Topline A leading indicator for housing market activity—pending home sales—unexpectedly jumped in May and reversed six straight months of declines, according to new data from the National Association ...