US Housing Market Data Response Mortgage Delinquencies (Q3) Low interest rates, falling unemployment and a reduction in the share of mortgages with negative equity all contributed to another drop in the delinquency rate in the third quarter. 17th November 2015 · 1 min read
US Housing Market Data Response Mortgage Applications (Oct.) Following the surge in mortgage applications for home purchase in September, due to the introduction of TRID disclosure rules, the fact that applications only dipped marginally in October is a... 4th November 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Sep.) Even accounting for the fact that over the past few months the first estimate of house price inflation from CoreLogic has consistently been revised down, today’s reading of a seasonally adjusted 1.3%... 3rd November 2015 · 1 min read
US Housing Market Data Response Homeownership & vacancy rates (Q3 15) A drop in the share of mortgages in foreclosure, alongside easing credit conditions which have boosted the number of first-time buyers, has helped the homeownership rate to rise from a 48-year low. 27th October 2015 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Aug.) The Case- Shiller measure of house prices showed that home values are continuing to grind higher, with the annual rate now at its highest level in almost a year. Tight supply conditions are behind the... 27th October 2015 · 1 min read
US Housing Market Data Response New Home Sales (Sep.) New home sales recorded a surprise drop of 11.5% in September. Yet new home sales data are notoriously volatile. And, given the strong performance of existing home sales in September, as well as the... 26th October 2015 · 1 min read
US Housing Market Data Response Existing Home Sales (Sep.) Existing home sales rebounded by 4.7% in September. While there are a number of factors pointing to a moderation in sales over the coming months, over the medium-term the outlook is broadly positive. 22nd October 2015 · 1 min read
US Housing Market Data Response Housing Starts (Sep.) As expected, housing starts resumed their upward trend in September, confirming that the disruption over the summer caused by the expiry of a tax-break in New York has now worked through. While the... 20th October 2015 · 1 min read
US Housing Market Data Response Mortgage Applications (Sep.) The uncertainty generated by September’s Federal Reserve meeting, combined with a drop in mortgage rates to below 4% for the first time since May, helped applications for house purchase reverse most... 7th October 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Aug.) House prices rose by a substantial 1.5% m/m seasonally adjusted in August according to CoreLogic. Even accounting for the fact that early estimates of house price growth on this measure tend to get... 6th October 2015 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Jul.) By posting a 0.5% gain during July, the national Case-Shiller index of house prices is beginning to move into line with other measures which have shown far stronger house price gains in recent months... 29th September 2015 · 1 min read
US Housing Market Data Response New Home Sales (Aug.) New home sales are finally building momentum, and are up by over 18% since June. While low levels of inventory suggest the pace of growth will slow, early evidence that mortgage applications for house... 24th September 2015 · 1 min read
US Housing Market Data Response Existing Home Sales (Aug.) After three months of gains, subdued mortgage lending and low inventory levels meant existing home sales fell back in August. Those factors will weigh on sales in the short term, but as lending... 21st September 2015 · 1 min read
US Housing Market Data Response Housing Starts (Aug.) As expected, the disruption caused by the expiry of a tax-break in New York led to a drop in housing starts in August. But with homebuilder confidence elevated and building permits already recovering... 17th September 2015 · 1 min read
US Housing Market Data Response Mortgage Applications (Aug.) The drop in interest rates triggered by the market turmoil of the past couple of weeks has given a boost to refinancing activity. Applications for home purchase have been more sluggish, but with... 2nd September 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jul.) CoreLogic report that house prices saw a very large rise of 1.5% seasonally-adjusted in July, pushing the annual rate to a 12-month high. Tight market conditions are driving house prices higher, a... 1st September 2015 · 1 min read
