..."Housing is currently acting as support to an otherwise slowing economy, although it is adding significantly to inflation," continued Duncan. "Even as interest rates are rising and reducing affordability, demographics...

...remained on the market was also pegged at 18 days, down by 2 days from February 2021. "Housing affordability continues to be a major challenge, as buyers are getting a...

According to a new survey from TD Bank, America's Most Convenient Bank, first-time homebuyers are feeling anxious and unprepared in this highly competitive housing market. TD's First-Time Homebuyer Pulse found...

...and completions up. Permits, a leading indicator of future starts, is down modestly month over month as builders grow concerned about affordability challenges ahead as rates continue to rise,” Kushi...

...very large cohort of young, Millennial households at key homebuying ages. Add in the challenges of declining rental affordability and competitive job markets driving higher incomes and increased workplace flexibility,...

...provide insights into the drivers of affordability—or the lack thereof. This research is unique in the fact that it uses first-lien data directly from the Government Sponsored Enterprises (GSEs, Fannie...

...prices have increased 20.3%, and have risen 28.7% since January of 2020. While these costs linger, prospective buyers face continued affordability issues, as lumber production has not kept pace with...

...prices and tightening affordability. Indeed, February's $6,500 jump pushed that average to just under $354,000. In turn, nonconforming products – including both jumbos and loans with expanded guidelines – accounted...

...and expanded credit score and LTV requirements," said Joel Kan, MBA's Associate VP of Economic and Industry Forecasting. "In a period of rising mortgage rates, affordability challenges, and declining volume,...

...purchase affordability, which, of course, is dampening lenders' expectations of future business activity. Numerous uncertainties, including heightened inflation and the Fed's monetary policy reaction, which must now also account for...