Builder confidence in the market for new multifamily housing was mixed during the third quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices: The...
Single‐family housing starts in October were at a rate of 970,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This represents a 0.2% uptick from the revised September figure of 968,000. Privately‐owned...
Mortgage applications for new home purchases during October were up by 6% from September and up by 39.7% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a...
Builder confidence in the market for newly built single-family homes fell six points to 34 this month, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the fourth consecutive monthly drop in...
Atherton, California, has less than 7,200 residents but more super-expensive homes than any other U.S. locality, according to PropertyShark’s 2023 listing of the nation’s most expensive ZIP Code. Atherton’s 94027 ZIP Code saw a 2023 median home sale price of $8.3...
Mortgage rates continued to decline for the third consecutive week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. A year ago at this...
