US Housing Market Chart Pack 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... 9th August 2018 · 1 min read
US Housing Market Chart Pack House price growth slows as demand weakens The recent drop in home buying sentiment, partly driven by concerns that prices are too high, is now evident in lackluster mortgage applications for home purchase. Applications fell 0.4% m/m in June... 11th July 2018 · 1 min read
US Housing Market Chart Pack Apartment construction rebounds The gradual decline in the number of multifamily units started for the rental sector went into reverse in the first quarter of 2018, with developers starting the most units since mid-2015. Rental... 7th June 2018 · 1 min read
US Housing Market Chart Pack Buyers rush in to beat rising mortgage interest rates The rise in mortgage interest rates has had contrasting impacts on refinancing and home purchase mortgage applications. While refinancing applications dropped close to a 10-year low, home purchase... 8th May 2018 · 1 min read
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
