Only 1% of all U.S. homes, or approximately 14 of every 1,000 residences, changed hands during the first half of 2023, according to data from Redfin (NASDAQ:RDFN). That’s down from 19 of every 1,000 during the same period of pre-pandemic 2019 and the lowest turnover...
Mortgage application activity recorded a slight increase thanks primarily to an increase in refinancing requests, according to new data from the Mortgage Bankers Association for the week ending July 14. The Market Composite Index, a measure of mortgage loan...
Single‐family housing starts in June were at a rate of 935,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7% below the revised May figure of slightly more than 1 million. Privately‐owned housing...
Builder confidence in the market for newly built single-family homes during July posted a one-point uptick to 56 in the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marked the seventh consecutive month of rising...
WalletHub has taken another look at the U.S. housing market, this time with the newly published 2023 edition of the Best & Worst Cities for First-Time Home Buyers. For this study, WalletHub analyzed 300 cities using 22 key metrics ranging from housing...
Federal Judge Blocks New York’s Algorithmic Rent-Setting Law
