Mortgage applications for new home purchases in June declined by 6% from May but increased 2.4% from one year before, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were running at a seasonally...
Homebuyers looking for a significant discount on properties should pay closer attention to foreclosure listings, according to a report from Realtor.com. Although foreclosure listings made up 1.3% of all homes for sale in April, the highest level in six years, these...
Gen Z accounted for one in five purchase mortgage rate locks in the second quarter, the largest share on record, according to a new data report from Intercontinental Exchange Inc. (NYSE: ICE). The report found this youthful generation represents nearly one-third of...
List prices during June were down 2.5% from one year earlier, marking the steepest annual decline since 2017 and the eighth consecutive month of price drops, according to data from Realtor.com. The regional year-over-year median list price declines ranged from -4.0%...
The median luxury home sale price rose 4.7% year-over-year to $1.37 million during the three months ending May 31, according to a data report from Redfin. That surge is more than triple the 1.5% gain in non-luxury sale prices. Pending sales of luxury homes rose 5.2%...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
