Pending home sales in June were down by 0.8% from the prior month and were also down 2.8% year-over-year, according to the National Association of Realtors (NAR). Month-over-month and year-over-year pending sales declined in the Midwest, South, and West. The Northeast...
Fewer prospective homebuyers were filling out mortgage applications during the week ending July 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a...
In a political climate dominated by division, dysfunction, and finger-pointing, something extraordinary just happened in Washington: Republicans and Democrats actually came together—and unanimously passed a housing bill that might move the needle in the right...
Sales of starter homes rose 3.9% year-over-year in June to the highest level in two years, according to a new report from Redfin. June was the 10th consecutive month in which home sales rose year-over-year. Pending sales of starter homes were also up last month with a...
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 2.3% annual return for May, down from a 2.7% annual gain in the previous month. The 10-City Composite saw an annual increase of 3.4%, down from a 4.1% annual increase in the previous month,...
KB Home Profit Falls 41% as Builder Says Housing Conditions Have Weakened
