Housing Pending Home Sales See Biggest Increase on Record in May After two months of sharp decline, pending home sales surged the most on record in…Karen ZitoJune 29, 2020
Housing May Personal Income Declined 4.2% The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income decreased…Karen ZitoJune 26, 2020
Housing Continuing Jobless Claims Fall Below 20 Million Weekly initial jobless claims totaled 1.48 million in the week ending June 20 and continuing…Karen ZitoJune 25, 2020
Housing Mortgage Activity Decelerates The Mortgage Bankers Association’s (MBA) latest Weekly Application shows a mild slowdown in purchase and…Karen ZitoJune 24, 2020
Housing Share of Builders Cutting Home Prices Drops from 22% to 15% As lockdown orders began to ease in May and June 2020, housing data rebounded quickly,…Karen ZitoJune 24, 2020
Housing Virus Impacts: Single-Family and Multifamily Market Concentrations The first quarter of 2020 witnessed a shift in home building towards less population-dense housing…Karen ZitoJune 23, 2020
Housing Purchasing and Refinance Activity Thrive Amid Low Rates As the Mortgage Bankers Association’s 30-year fixed-rate mortgage rate reached a new historic low of…Karen ZitoJune 18, 2020
Housing Initial and Continuing Jobless Claims Decline Slightly Weekly initial jobless claims declined slightly in the week ending June 13 and continuing claims,…Karen ZitoJune 18, 2020
Housing Remodelers’ Net Profit Margins Are Flat The residential remodeling industry, just like any other private industry in the American economy, operates…Karen ZitoJune 18, 2020
Housing Gain for Single-Family Permits Points to Building Growth Single-family housing starts were flat in May, albeit off an upwardly revised estimate for construction…Karen ZitoJune 17, 2020