Tag Archives: Home Prices

According to Fannie Mae's Economic and Strategic Research Group, experts project the gradual tightening in credit conditions due to recent bank turmoil will contribute to a modest recession beginning in the second half of 2023. Click here to learn more.

Single-family rent price growth dropped 5% in February, according to a new CoreLogic report, with new data showing that many renters are seeking more affordable areas.

According to a new report from the National Association of Realtors, home sales declined an overall 22% from a year ago, while the inventory of unsold existing homes rose 1% from February.

While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.

A new survey from Realtor.com revealed an estimated 82% of home sellers feel 'locked in’ to their current home, as buying a new home could potentially mean buying into a higher mortgage rate.

The Home Price Index overall found that home price growth remains in positive territory at 4.4%, marking 133 straight months of growth.

Homebuying conditions for house hunters may be improving as the portion of average wages nationwide required for typical major homeownership expenses fell slightly to 30% in Q1, according to ATTOM's latest U.S. Home Affordability Report.

While many homebuyers remained on the sidelines, home sales and competition leveled off in February, as the median U.S. home sale price fell 1.2% in February, marking the first year-over-year decline since 2012.

Since 2019, the number of single, female-headed households has increased by 1.4 million, one million of whom are homeowners, according to a new report from First American.

According to a new report from Redfin, the nationwide median asking rent inched upward just 1.7% in February, marking the smallest increase in nearly two years, and the lowest level in 12 months.