The U.S. housing market gained $2.4 trillion over the last year, bringing its total value to $47.5 trillion, according to new data from Redfin (NASDAQ:RDFN). The average U.S. was valued at $495,183 as of December, up from $474,740 a year earlier. In percentage terms,...
Fewer people were seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Feb. 23. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 5.6% on a seasonally adjusted...
A new data analysis published by Realtor.com has determined the U.S. housing market is short of up to 7.2 million homes, a deficit fueled by more than a decade of underbuilding relative to population growth. Realtor.com noted that an additional 1.7 million households...
The latest data from the S&P CoreLogic Case-Shiller Indices affirmed that home prices ended 2023 at a higher level. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.5% annual gain in December, up from a 5% rise in the previous...
Wisconsin existing home sales in January were up by 7.4% compared to their January 2023 levels, according to new data from the Wisconsin Realtors Association. Wisconsin recorded 3,3436 home sales last month, compared to 3,200 in January 2023. This marked the first...
Fed Approves $76.6M Peoples-Citizens Deal Over Barr’s Competition Objection
