US Housing Market Chart Pack House price growth expectations turn negative Stretched affordability continued to weigh on housing market activity in July and August, leaving mortgage applications for home purchase down by 40% from their high in January. A renewed rise in... 9th September 2022 · 12 mins read
US Housing Market Chart Pack Housing activity contracts even as rates stabilise The upward trend in mortgage rates took a breather over the past month, but that didn’t provide much of a boost to housing market activity. Existing home sales have fallen for four months in a row... 15th July 2022 · 9 mins read
US Housing Market Chart Pack Housing demand falls as mortgage rates rise Housing activity is slowing in the face of higher mortgage interest rates. Mortgage applications for home purchase dropped to a two-year low in May, existing homes sales have declined in each of the... 9th June 2022 · 9 mins read
US Housing Market Chart Pack Mortgage rate rise hits housing market activity The rise in mortgage rates, to a 12-year high in mid-April, is now starting to weigh on housing market activity, with new and existing home sales falling back over the past couple of months. With... 10th May 2022 · 9 mins read
US Housing Market Chart Pack Mortgage rates set to rise to over 5% Mortgage rates are set to rise to over 5% within the next couple of weeks which will help cool, but not crash, housing market activity. Pent-up demand from the last couple of years as buyers have... 8th April 2022 · 9 mins read
US Housing Market Chart Pack Rise in mortgage rates cools housing market activity A rise in mortgage rates to their highest since May 2019 has cooled housing market activity, with mortgage applications for home purchase dropping to a 31-month low in the last week of February... 11th March 2022 · 9 mins read
US Housing Market Chart Pack House price and rental growth to ease in 2022 House prices and rents both boomed in 2021, but are set for a quieter 2022. Mortgage rates are now rising and we expect the 30-year rate will end the year at around 4%. Combined with the rise in house... 8th February 2022 · 9 mins read
US Housing Market Chart Pack Rising mortgage rates to cool housing market in 2022 Housing market activity had a strong end to 2021, with sales and starts both rising. However, after a brief dip due to concerns over Omicron, mortgage rates resumed their upward trend and reached a... 11th January 2022 · 9 mins read
US Housing Market Chart Pack Housing activity surges even as mortgage rates rise Housing market activity has surprised on the upside over the past month and home sales look set for a strong end to the year. Even as mortgage rates increased to an eight-month high, home purchase... 7th December 2021 · 9 mins read
US Housing Market Chart Pack House price growth cools as rents take off The homeowner and rental markets are starting to swap places, with home sales and prices cooling as rental demand and rents take off. Rising mortgage rates have started to bring housing demand down... 10th November 2021 · 9 mins read
US Housing Market Chart Pack Rising mortgage rates will help cool booming prices Mortgage rates are on the rise and we expect they will see further gains to end the year at around 3.5%. That, alongside relatively tight credit conditions, will help cool rampant house price... 15th October 2021 · 9 mins read
US Housing Market Chart Pack Soaring prices and lack of supply weigh on activity Mortgage rates have been stable at close to record lows since mid-July, but that hasn’t prevented a decline in housing demand. New home sales are down 28% from their peak last year and while existing... 9th September 2021 · 9 mins read
US Housing Home sales and house prices to moderate The share of households seeing now as a good time to buy a home has fallen to 39-years lows, as booming house prices, tight credit conditions and record low inventory have weighed on sentiment. But... 11th August 2021 · 9 mins read
US Housing Market Chart Pack Home demand drops as prices surge Despite mortgage rates seeing little movement in recent months, mortgage applications for home purchase have dropped to their lowest level since April last year. That implies home sales have further... 7th July 2021 · 8 mins read
US Housing Market Chart Pack Home sales cool and prices will soon follow Both new and existing home sales dropped back in April and the May pending home sales index points to further declines in existing sales over the next couple of months. House price growth of over 13%... 8th June 2021 · 8 mins read
US Housing Market Chart Pack Worsening affordability hits home buying sentiment Mortgage rates have edged down since the end of March, but that didn’t prevent a fall in the share of households who see now as a good time to buy a home to a record low in April. House price growth... 12th May 2021 · 9 mins read
