Trends

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Smaller markets lead the way in Q1 home-price gains; Denver sees 19.4% rise 

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 

Mortgage applications fall as rates hit 13-year high 

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

New-home sales fall again in March 

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

NAR data shows another dip in existing-home sales 

Rising interest rates and home prices have taken a toll on would-be homebuyers’ purchasing power, leading to increased inventory and another monthly slowdown in sales. 

Overall new-home construction rises in March despite slowdown in single-family

Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.

Builder confidence falls again as housing market faces ‘inflection point’

Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly survey. 

Investor homebuying stalled dramatically in Q4 2021: a CoreLogic analysis

Investor activity showed early signs of slowing during Q4 of 2021, down from the historic highs seen in the second and third quarter, CoreLogic’s latest analysis reveals.

Is the pandemic-driven second home buying boom over?

Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?

Is the real estate market starting to shift?

Surging mortgage prices deterring more buyers

Housing prices top last summer’s highs, hit new record

With fewer people putting their homes on the market, prices continue to skyrocket.

Mortgage applications continue falling in latest weekly survey 

The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association. 

Pending-home sales down for fourth month in a row 

“Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun  

Two more years until inventory bounces back, experts say

Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.

New-home sales fall again in February 

Affordability and supply-chain issues continued to weigh on the sales of new single-family residences.

Existing-home sales swing back to negative territory in February 

The median existing-home price for all housing types in February was $357,300, up 15% from a year before, as median prices rose in each region.    

New-home construction picks up in February  

“More groundbreaking is welcome news for a supply-starved housing market.” — First American deputy chief economist Odeta Kushi 

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