Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6% annually. Experts attributed the drop primarily to mortgage rates
Purchase loan requests are up 3% from a week ago and 22% from last last year even as mortgage rates climb to highest level in 4 weeks, Mortgage Bankers Association survey shows
Existing-home sales declined by 2.7% from May 2025 but held steady compared to one year ago. Mortgage rates and high home prices continue to dissuade potential buyers
Elevated mortgage rates, weakening home price growth and uncertainty from Trump's tariff policy are setting the housing market on a dangerous path, Moody's economist Mark Zandi said on X
Windermere Economist Jeff Tucker looks at recent economic indicators, including some surprising upside despite a disappointing spring market
Amid fighting over the federal funds rate, NAR says home sales were 0.7% lower in May than a year ago as inventory rose to a 4.6-month supply
Existing-home sales continued to fall in April, down 0.5% from March to a seasonally adjusted rate of 4M last month, according to data released Thursday by the National Association of Realtors
While Fannie Mae economists see mortgage rates coming down by a full percentage point, forecasters at the Mortgage Bankers Association have issued a more cautious take
Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better
Rapid fluctuations in tariff policies have the economy and the stock market in a volatile state, which is weighing heavily on consumers, the April Inman-Dig Insights consumer survey shows
Existing-home sales dropped by 5.9% from February and by 2.4% from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun
Fathom CEO Marco Fregenal says revenue growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025
Existing-home sales fell 4.9% in January to a seasonally adjusted rate of 4.08M. Despite the month-over-month decline, sales were still 2% higher than a year ago
Opinion
Despite the setbacks we saw this year, 2025 will likely see many of the same trends come true that were initially predicted for 2024, Windermere’s Principal Economist Jeff Tucker writes
Existing-home sales rose 6.1% annually in November while 3 out of 4 US regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors