US Housing Market Chart Pack Investors and cash buyers pull back The 18% m/m surge in new home sales in August was not enough to outweigh the 1.8% m/m decline in the much larger existing homes market. Strikingly, this decline was due to a weakening in demand from... 9th October 2014 · 1 min read
US Housing Market Chart Pack Sharp slowdown in house price inflation The new Case-Shiller national house price index, now released on a monthly basis, shows seasonally-adjusted prices falling in each of April, May and June. This is a dramatic reversal from the average... 10th September 2014 · 1 min read
US Housing Market Chart Pack Sales and starts still soft The housing market has yet to shake off the weakness seen in the early stages of the year. Despite increasingly solid economic data and a drop in mortgage interest rates, mortgage applications and new... 4th August 2014 · 1 min read
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
