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Home Price Report Finds Evidence Of Rebound
In yet another positive sign for national home values, CoreLogic's August Home Price Index reveals a year-over-year increase of 4.6 percent and a month-over-month gain of 0.3 percent. The improvement marks the sixth consecutive price increase on both a year-over-year...
Housing Inventory Down 19 Percent From One Year Ago
The total number of single-family homes available for sale is down to 1.84 million units, according to data through the end of August. The numbers, released by the National Association of Realtors, show that housing inventory is 18.68 percent below last year's level...
Refinance Activity Reaches Three Year High
According to the Mortgage Bankers Association's Weekly Applications Survey, refinance activity surged last week as mortgage rates continued to fall. The Refinance Index increased 20 percent from the previous week and helped the Market Composite Index, which measures...
Home Price Report Finds Evidence Of Rebound
In yet another positive sign for national home values, CoreLogic's August Home Price Index reveals a year-over-year increase of 4.6 percent and a month-over-month gain of 0.3 percent. The improvement marks the sixth consecutive price increase on both a year-over-year...
Housing Barometer At Highest Level Since Recovery Began
Trulia's Housing Barometer uses data from the Census Bureau, the National Association of Realtors, and LPS First Look to measure how quickly the housing market is returning to normal. The barometer determines this by comparing current construction, sales, and...
Pending Sales Slip After Reaching Two Year High In July
The National Association of Realtors' Pending Home Sales Index slipped in August after hitting a two-year high in July. The index, a future indicator of existing-home sales based on contract signings but not closings, fell 2.6 percent, though it remains at elevated...
New Home Sales Up 28 Percent From 2011
In August, sales of new single-family homes were 0.3 percent below July's upwardly revised annual rate of 374,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. New home sales were at a seasonally...
Mortgage Demand Rises As Rates Hit Another Low
According to the Mortgage Bankers Association's Weekly Applications Survey, demand for mortgage loan applications grew last week as rates dropped to another survey low. The Market Composite Index, which measures both refinance and purchase loan volume, increased 2.8...
Major Price Index Posts Third Consecutive Monthly Increase
The S&P/Case-Shiller Home Price Indices are among the most closely followed measures of home values in the United States. They are intended to accurately track the price path of single-family homes in each of the included metropolitan areas. According to the...
Housing Market Improvement Continues Despite Sluggish Economy
According to the most recent release from Fannie Mae's Economic and Strategic Research Group, the housing market's performance during the second quarter has been increasingly positive despite sluggishness in the broader economy. Home prices have begun to rise and,...