AgentBrokerage

Daily market update: Oct. 26, 2015

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

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

We'll add more market news briefs throughout the day. Check back to read the latest. Freddie Mac's October 2015 Insight & Outlook: Origination volume was $100 billion higher in 2014 than industry experts had estimated. Industry concentration is declining: The top five mortgage loan firms accounted for only 34 percent of the market in 2014. The projected refinance share of originations in 2015 has been lowered by 1 percentage point to 47 percent.   U.S. Census Bureau/Department of Housing and Urban Development's New Residential Sales for September 2015: Sales of new single-family homes in September 2015 were down 11.5 percent month-over-month. However, sales were up 2.0 percent year-over-year. The median sales price of new houses sold in September 2015 was $296,900; the average sales price was $364,100. Homes.com's Local Market Index for August 2015: Boise (Idaho), San Francisco and Denver saw the biggest year-over-year index point increas...