Tag Archives: Existing Home Prices

“These high interest rates have had a great impact on the U.S.’ overall economic performance,” said National Association of Realtors Chief Economist Lawrence Yun. “Statistically, this is much better than the historical average, but if we look at this component, there are some worrying signs in the economy.”

"Just like the weather, large local market variations exist despite the minor change in the national home price," NAR Chief Economist Lawrence Yun said.

Black Knight forecasts that the annual growth rate is expected to fall below zero percent nationwide by April.

As the summer buying season approaches, the National Association of Realtors expects pending home sales numbers to make further incremental increases this year.

As existing-home sales fall for the 12th consecutive month, Freddie Mac reports that the rise in rates to 6.50% has exacerbated affordability issues for homebuyers nationwide.

The MBA reports an uptick in overall mortgage application volume week-over-week, led by a 4% rise in home purchase applications, despite an 88% year-over-year drop-off in refinance activity.

A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June ...

Price drops are a common feature of a cooling housing market, as home sellers contend with apprehensive buyers amid rising rates and a looming recession.

Prices grew at an annualized rate of over 19% last quarter, further pressuring homeseekers to make every penny count.

Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from ...