US Housing Market Chart Pack House price slowdown gathering steam The pick-up in job creation, the return of more clement weather and the decline in mortgage interest rates helped home sales rise by a strong 6.1% m/m in May. However, house prices are still... 9th July 2014 · 1 min read
US Housing Market Chart Pack Sales and starts show fresh signs of life The most recent data have provided support for our view that the sharp drop in sales and starts seen over the past few months would prove temporary. New and existing home sales, as well as housing... 11th June 2014 · 1 min read
US Housing Market Chart Pack Activity measures will strengthen again soon The recent housing market activity data have been weak more or less across the board, with new and existing homes sales, as well as housing starts, all declining in February. These falls were largely... 10th April 2014 · 1 min read
US Housing Market Chart Pack Loosening supply conditions foreshadow price slowdown New home sales shook off earlier weather effects to post a strong gain in January. Although existing home sales fell again, they should also recover before too long. Nevertheless, the bigger picture... 11th March 2014 · 1 min read
US Housing Market Chart Pack Pending home sales tumble again The recovery in housing market activity has taken a knock. Existing home sales edged up in December, but the pending home sales index recorded a worrying slump. New home sales fell substantially in... 13th February 2014 · 1 min read
US Housing Market Chart Pack Sharp rise in housing starts The strong 22.7% m/m increase in housing starts in November was an encouraging sign that the rise in mortgage interest rates is not a permanent setback for the homebuilding recovery. This gain echoed... 10th January 2014 · 1 min read
US Housing Market Chart Pack New home sales make up for earlier rate-related losses The sharp 25.4% m/m increase in new home sales in October reversed the decline during the previous three months and left new home sales back at their level before mortgage interest rates rose. That's... 12th December 2013 · 1 min read
US Housing Market Chart Pack More signs of a slowdown in housing market activity The latest data provide further evidence that housing market activity has come off the boil. Existing home sales declined in September, and the sharp drop in pending home sales points to more falls... 14th November 2013 · 1 min read
US Housing Market Chart Pack Housing market confidence taking a knock Mortgage interest rates are declining following the Fed’s decision not to taper in September. But most of the housing data continue to reflect the earlier hike in rates. Housing market confidence has... 7th October 2013 · 1 min read
US Housing Market Chart Pack Higher mortgage rates denting housing market activity The steady increase in mortgage interest rates is now having a more noticeable effect on housing market activity. Mortgage applications for refinancing have more than halved since rates began rising... 11th September 2013 · 1 min read
US Housing Market Chart Pack Early signs of slowdown in house price appreciation Mortgage applications for home purchase are showing the strain from higher mortgage interest rates, falling by 5.6% m/m in July. It’s too early to see the effect of higher rates on the existing home... 8th August 2013 · 1 min read
US Housing Market Chart Pack Spike in mortgage rates not derailing recovery The benchmark 30-year mortgage rate has risen from 3.6% two months ago to 4.7% last week. The effect on remortgaging volumes has been considerable – applications for remortgaging have halved in the... 10th July 2013 · 1 min read
US Housing Market Chart Pack Inventory levels inch higher The latest readings from the CoreLogic and Case-Shiller house price indices show that prices have posted double-digit gains over the past year. But not all the past month’s housing news was so buoyant... 12th June 2013 · 1 min read
US Housing Market Chart Pack Non-distressed home sales up sharply Behind the small decline in overall home sales in March were several pieces of good news. Sales of new homes rose, an increasing share of total home sales took place under non-distressed conditions... 9th May 2013 · 1 min read
US Housing Market Chart Pack Existing housing supply posts meaningful rise The inventory of new homes for sale has been rising for six months now, and in February the supply of existing homes for sale posted its first meaningful increase in two years. Admittedly, the 3.7% m... 10th April 2013 · 1 min read
US Housing Market Chart Pack Supply of homes nears record low At 2.07m, the inventory of homes for sale fell to its lowest level since 1994 in January, and is the sixth lowest level ever recorded in the 30-year history of the data. With home sales now at a... 12th March 2013 · 1 min read
