US Housing Market Chart Pack Single-family starts stall despite tight market conditions Mortgage interest rates have risen to seven-year highs, which has pushed refinancing activity down to 10-year lows. Demand for home purchase mortgages is faring better, but even so buyers are still... 10th April 2018 · 1 min read
US Housing Market Chart Pack Strong rental demand keeps vacancy rate in check Mortgage interest rates have continued to rise, averaging 4.63% in February; their highest level since the end of 2013. But more of an issue for sales is the chronic shortage of homes for sale, which... 12th March 2018 · 1 min read
US Housing Market Chart Pack Mortgage rates close to a four-year high By the end of January mortgage interest rates had risen to close to four-year highs, and the expectation of that rise briefly boosted mortgage applications for home purchase to eight-year highs. But... 8th February 2018 · 1 min read
US Housing Market Chart Pack Homes sales enjoy strong end to the year Home sales enjoyed a strong end to the year, with both new and existing sales now close to 11-year highs. But that boost to sales was not accompanied by any rise in mortgage applications for home... 9th January 2018 · 1 min read
US Housing Market Chart Pack Recovery in home sales cuts inventory to record lows Home sales are showing signs of life, with both new and existing home sales rising for the second month in a row in October. However, the inventory of homes for sale has continued to decline, and that... 12th December 2017 · 1 min read
US Housing Market Chart Pack Higher mortgage rates and lack of stock hits activity Mortgage interest rate are rising gradually which, coupled with a lack of inventory, has meant mortgage applications for home purchase resumed their downward trend in October. That implies home sales... 8th November 2017 · 1 min read
US Housing Market Chart Pack Lack of affordable homes for sale hits first-time buyers House price growth is at a three-year high but, given how tight market conditions are, experience suggests they should be rising even faster. Cautious home appraisals and tight credit conditions are... 10th October 2017 · 1 min read
US Housing Market Chart Pack Drop in mortgage rates fails to boost activity Falling Treasury yields have pushed down the 30-year mortgage interest rate over the past few weeks. It now sits at its lowest level since early-November. But that drop in interest rates has not led... 5th September 2017 · 1 min read
US Housing Market Chart Pack Homeowner vacancy rate falls to 17-year low The latest data on vacancy rates confirms that housing market conditions are tight. Very low inventory levels pushed the homeowner vacancy rate to a 17-year low in the second quarter. That will... 8th August 2017 · 1 min read
US Housing Market Chart Pack Drop in housing starts not helping low inventory Lacklustre housing starts, which dropped for the third month in a row in May, will do nothing to ease the very low levels of inventory. In turn, low inventory is holding back search and sales activity... 12th July 2017 · 1 min read
US Housing Market Chart Pack Housing activity stalls due to low inventory Despite a strong economic backdrop, housing activity has stalled since the start of the year. Mortgage applications for home purchase have done no more than hold their ground since their post-election... 6th June 2017 · 1 min read
US Housing Market Chart Pack Homes selling fast as inventory shortage worsens The inventory of homes for sale continues to decline. The months’ supply of existing single-family homes dropped to just 3.9 in March, the lowest reading since records began in 1982. The lack of homes... 9th May 2017 · 1 min read
US Housing Market Chart Pack Housing market makes steady start to year Housing market activity has been stable since the start of the year. Mortgage applications for home purchase and mortgage interest rates are more-orless where they were in December, as are existing... 10th April 2017 · 1 min read
US Housing Market Chart Pack Drop in mortgage rates will prove temporary Strong employment growth and an expectation that the Fed will hike interest rates at its March meeting have pushed up Treasury yields, meaning that the recent drop in mortgage rates will be short... 13th March 2017 · 1 min read
US Housing Market Chart Pack Housing market resilient in face of rising interest rates Mortgage applications for home purchase held up in January, even as mortgage rates resumed their upward trend. However, inventory shortages are weighing on home sales. The number of existing single... 7th February 2017 · 1 min read
US Housing Market Chart Pack House price growth on the rise Housing demand was given a short-term boost following Trump’s win, as some buyers brought forward a planned purchase in order to secure a low mortgage rate before they increased further. But with the... 9th January 2017 · 1 min read