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Daily market update: April 18, 2016

Mortgage rates plus all the latest daily real estate market news

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We’ll add more market news briefs throughout the day. Check back to read the latest.

Real Trends’ March 2016 Housing Market Report:

  • Housing sales increased 5.1 percent year-over-year.
  • Housing prices rose an average of 1.0 percent from March 2015.
  • Housing unit sales for March 2016 increased 5.1 percent.

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Mortgage rates:

 

Home equity rates:

Last week’s most recent market news:

The FNC Residential Price Index for February 2016:

  • After January’s price drop, February’s prices were back up.
  • February home prices were up 0.1 percent from January.
  • Prices were up 5.7 percent year-over-year.

Re/Max April 2016 National Housing Report:

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  • Home sales were up 33.4 percent month-over-month in March 2016.
  • March sales were up 3.6 percent year-over-year.
  • The median home price among median sales prices in March was $204,000.

April_2016_NHR_Infographic

Email market reports to press@inman.com.