US Housing

US Housing Market Chart Book

9 August, 2018

Housing market activity slows as buyers stay away

Housing market activity has come off the boil, as rising interest rates, a lack of inventory and concerns that house prices are too high have all weighed on buying sentiment. Both new and existing home sales fell back in June, and mortgage applications for home purchase continued to track sideways in July. Faltering home sales are supporting rental demand, keeping the multifamily rental vacancy rate low even as the supply of new completed apartments entering the market has reached a 30-year high.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.