The total value of the U.S. housing market is now 49% higher than the level at February 2020, the period before the start of the Covid-19 pandemic. According to data from Zillow Group (NASDAQ:Z, ZG), the housing market’s total value is slightly less than $52 trillion,...
Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
The level of affordable homeownership has declined to a depth not seen in more than three decades, according to the new Real House Price Index (RHPI) published by First American Financial Corp. (NYSE: FAF). According to First American, the RHPI measures the price...
Closed home sales across New York took an 18.8% year-over-year tumble last month, according to data from the New York State Association of Realtors (NYSAR). The 13,922 in sales during August 2022 far outpaced the 11,310 recorded last month. New listings were also down...
The 30-year fixed-rate mortgage averaged 7.19% as of Sept. 21, according to data from Freddie Mac (OTCQB: FMCC). This is up slightly from last week when it averaged 7.18%. A year ago at this time, it averaged 6.29% “Mortgage rates continue to linger above 7% as the...
Greystone Provides $167 Million for 257-Unit Miami Affordable Housing Devel…
