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

CoreLogic’s Market Pulse Report for November 2016:

  • The home price index year-over-year change was 6.3 percent.
  • The cash sales share in June 2016 was 29.3 percent.
  • The distressed sales share in June 2016 was 7.8 percent.

screen-shot-2016-11-18-at-9-35-53-am

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

[graphiq id=”2NvK9Bl9HIF” title=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/2NvK9Bl9HIF” link=”http://mortgage-lenders.credio.com” link_text=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

 

Home equity rates:

[graphiq id=”kPkTJrAnX5r” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/kPkTJrAnX5r” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Bank Rates by State | Credio”]

[graphiq id=”dP0v3iYOnH” title=”Average Home Equity Loan Credit Union Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/dP0v3iYOnH” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Credit Union Rates by State | Credio”]

Most recent market news:

New Residential Construction Starts from the U.S. Census Bureau/U.S. Department of Housing and Urban Development:

  • Privately-owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,229,000, 0.3 percent above September 2016 and 4.6 percent above October 2015.
  • Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,323,000, 25.5 percent above September 2016 and 23.3 percent above the October 2015 rate.
  • Privately-owned housing completions in October were at a seasonally adjusted annual rate of 1,055,000, 5.5 percent above September 2016 and is 7.2 percent above October 2015.

portable-network-graphics-image

Freddie Mac’s Primary Mortgage Market Survey for the week ending Nov. 17, 2016:

  • The 30-year mortgage rate jumped to 3.94 percent.
  • This is up from last week when it averaged 3.57 percent.
  • A year ago at this time, the 30-year FRM averaged 3.97 percent.

pmms_chart_lg

Re/Max’s November 2016 National Housing Report:

  • October saw near-record sales, but was still 1 percent below October 2015 sales.
  • The number of homes for sale was the lowest of any month since May and of any October since 2008. The months’ supply of inventory was 3.9.
  • Last month’s median sales price increased by 8.3 percentage points to $216,500.

novembernhr

Attom Data Solutions Q3 2016 U.S. Home Equity and Underwater Report:

  • Equity-rich (loan-to-value ration of 50 percent or lower) homeowners represented 23.4 percent of all U.S. homeowners with a mortgage.
  • This is an increase of 2.6 million homeowners from one year ago.
  • Seriously underwater homeowners (loan-to-value ratio of 125 percent or higher) represented 10.8 percent of all U.S. homeowners with a mortgage.

infographic_home_equity_q32016

Email market reports to press@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription