Mortgage application activity saw relatively little movement for the week ending Aug. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by a scant 0.4% on a...
Pending home sales in July declined by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors (NAR). Last month’s sales total was the lowest level since January. Regionally, month-over-month pending home sales declined across...
Single-family housing starts in July were at a rate of 808,000, which is 9.9% below the revised June figure of 897,000, according to data from the US Census Bureau and Department of Housing and Urban Development. Privately-owned housing starts in July were at a...
Cash purchases accounted for 31.4% of home sales during the first four months of 2026, down from 32.3% in the same period last year, according to data from Realtor.com. While total home sales fell 8.5% year-over-year, the number of cash sales dropped by 11.2% as the...
Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report. Any HMI reading under 50 indicates that more builders...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
