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Q1 US Homeownership Rate Down Slightly

Q1 US Homeownership Rate Down Slightly

by Phil Hall | Apr 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US homeownership rate of during the first quarter was 65.1%, according to data from the US Census Bureau. This is slightly below the 65.7% rate in the fourth quarter of 2024 and the 65.6% rate in the first quarter of 2024. The first quarter homeownership rate was...
New Home Sales Up 7.4%

New Home Sales Up 7.4%

by Phil Hall | Apr 23, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
Slowing in Refinance Drives Down Mortgage Application Activity

Slowing in Refinance Drives Down Mortgage Application Activity

by Phil Hall | Apr 2, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slowing of refinance activity drove down the level of mortgage applications for the week ending March 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6%...
Single-Family Housing Starts Down by 8.4%

Single-Family Housing Starts Down by 8.4%

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in January were at a rate of 993,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.4% below the revised December figure of 1.08 million. Privately-owned housing starts in...
New Single-Family Home Sales Up in November

New Single-Family Home Sales Up in November

by Phil Hall | Dec 23, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in November were at a seasonally adjusted annual rate of 664,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 5.9% above the revised October rate of 627,000 and...
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