US Housing Market Data Response CoreLogic House Prices (Aug. 13) CoreLogic house prices for August paint a picture of a market that is losing some steam. Even so, there is little sign that higher mortgage interest rates are threatening to derail the housing... 1st October 2013 · 1 min read
US Housing Market Data Response New Home Sales (Aug. 13) New home sales did not fully reverse July’s unexpectedly sharp drop. But August’s data seem consistent with our view that the rise in mortgage interest rates seen over recent months will cool, but not... 25th September 2013 · 1 min read
US Housing Market Data Response Case-Shiller Home Prices (Jul. 13) The latest rise in the annual rate of house price inflation in July may be the most eye-catching part of today’s Case-Shiller house price report. But the real story is a welcome slowdown in the... 24th September 2013 · 1 min read
US Housing Market Data Response Existing Home Sales (Aug. 13) The further rise in existing home sales in August may reflect a rush of sales from buyers keen to avoid any further rise in mortgage interest rates. 19th September 2013 · 1 min read
US Housing Market Data Response Housing Starts (Aug. 13) The small rise in starts in August, which was below expectations and would have been a fall were it not for downward revisions to earlier data, is not as disappointing as it first appears. The figures... 18th September 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (Aug 13.) Higher mortgage interest rates took a further toll on mortgage applications in August. But 30-year rates eased a touch at the end of the month, while applications for home purchase increased. 4th September 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jul. 13) The latest CoreLogic house price reading added to the evidence that the pace of price gains is easing slightly. It’s possible that annual price growth will drop into the single- digit range by the end... 3rd September 2013 · 1 min read
US Housing Market Data Response Case-Shiller Home Prices (Q2) Average US house prices rose at double-digit levels once again in the second quarter. But adjusting for normal seasonal patterns, all three of the main Case-Shiller indices suggest that the rate of... 27th August 2013 · 1 min read
US Housing Market Data Response New Home Sales (Jul.) The sharp drop in new home sales in July, and the downward revision to June’s figure, suggest that the spike in mortgage interest rates is taking more of a toll on housing market activity than we had... 23rd August 2013 · 1 min read
US Housing Market Data Response Existing Home Sales (Jul. 13) The increase in existing home sales in July suggests that the rise in mortgage rates prompted some buyers to rush through with a home sale before rates became higher still. This stimulatory effect... 21st August 2013 · 1 min read
US Housing Market Data Response Housing Starts (Jul 13.) The increase in housing starts in July was driven by the multi-family sector, with single-family starts posting a small decline. The recovery in multi-family starts has been the driving force behind... 16th August 2013 · 1 min read
US Housing Market Data Response Mortgage Delinquencies (Q2) The fall in mortgage delinquencies, fewer foreclosure starts and the lower foreclosure inventory rate in Q2 are all encouraging signs that the fundamentals of the housing market are mending. Although... 9th August 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (Jul 13.) Higher mortgage interest rates saw mortgage applications for home purchase post their largest month-on-month fall in almost two years in July. But the most up-to-date weekly figures recorded a small... 7th August 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jun.) Although it is too soon to be sure, CoreLogic house price index for June brought some tentative evidence that the moderation in the pace of house price gains that we are anticipating in the second... 6th August 2013 · 1 min read
US Housing Market Data Response Homeownership & Vacancy Rates & Case-Shiller (Q2/May) Three years after home sales started rising, and a year and a half since house prices turned up, the homeownership rate remains at an 18-year low. 30th July 2013 · 1 min read
US Housing Market Data Response New Home Sales (Jun 13.) The strong rise in new home sales in June means that the housing market has come through its first major test of higher mortgage rates unscathed. 24th July 2013 · 1 min read
