AgentBrokerage

Daily market update: April 19, 2016

Mortgage rates plus all the latest daily real estate market news

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

U.S. Census Bureau/U.S. Department of Housing and Urban Development New Residential Construction for March 2016:

  • Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,086,000, down 7.7 percent month-over-month but up 4.6 percent year-over-year.
  • Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,089,000, down 8.8 percent month-over-month but up 14.2 percent year-over-year.
  • Privately-owned housing completions in March were at a seasonally adjusted annual rate of 1,061,000, up 3.5 percent month-over-month and up 31.6 percent year-over-year.

CoreLogic’s Market Pulse Report for April 2016:

  • The cash sales share of all home sales from December 2015 through February 2016 was 34 percent.
  • Completed foreclosures were down 10 percent year-over-year.
  • Home prices were up 6.8 percent year-over-year.

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Mortgage rates:

 

Home equity rates:

Yesterday’s most recent market news:

Real Trends’ March 2016 Housing Market Report:

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  • 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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