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Daily market update: Oct. 22, 2015

Our daily summary of market news, updated regularly with new tidbits

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We'll add more market news briefs throughout the day. Check back to read the latest. First American's Existing-Home Sales Capacity (EHS-C) for September 2015: The EHS-C rate decreased by 0.1 percent month-over-month in September 2015 and 3.6 percent year-over-year. The seasonally adjusted annualized rate of existing-home sales capacity is up 77.1 percent from February 2009, the lowest point recorded by First American. Existing-home sales spiked in July, dropped in August and rebounded in September.   The National Association of Realtors' existing-home sales report for September 2015: Total existing-home sales increased 4.7 percent month-over-month in September 2015. The median existing-home price increased 6.1 percent year-over-year. Total housing inventory decreased 2.6 percent month-over-month and 3.1 percent year-over-year. NAR's September existing-home sales infographic. Freddie Mac's Primary Mortgage Market Survey: 30-year fixed-r...