Two new data reports published today are pointing to a housing market where price acceleration is continuing at a mild yet steady pace. The S&P Cotality Case-Shiller US National Home Price NSA Index, covering all nine census divisions, reported a 1.1% annual gain...
Fewer Canada-based Redfin.com users were scrolling across the platform for US homes to buy or rent last month, according to a new data report from the Seattle-based brokerage. In June, the level of Canadian searches for US properties was down 15.3% from one year...
The national mortgage delinquency rate rose 5 basis points (bps) to 3.55% in June, roughly half the typical seasonal rise, according to data from Intercontinental Exchange Inc. (NYSE: ICE). The rate is 60 bps below the June 2019 pre-pandemic benchmark of 4.16%. The...
Sales of new single-family houses in June were at a seasonally adjusted annual rate of 628,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 1.6% rise from the May rate of...
Mortgage rates inched up for the third straight week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. A year ago at this time, it...