Tag Archives: National Association of Home Builders (NAHB)

Month-over-month, contract signings fell 2.3% in September from August, and slid 8% year-over-year, as NAR reports nominal house price growth has been outpacing house-buying power with rates on the rise.

Economists have found that improvements in the economy and a rise in wage growth will continue to push mortgage rates upward and decrease consumer house-buying power as 2021 bleeds into 2022.

More Americans are seeking homes in a market where short supply continues to be tagged with high ticket prices as potential buyers migrate from urban apartments to suburban homes.

Supply chain issues for builders has contributed to a severe lack of inventory, which restricted home sales in September.

A new forecast by the MBA finds that while originations are expected to decline 33% from this year, lenders will turn their attention to their servicing business in order to meet profit margins.

A drop in rates and an uptick in household income both contributed to increased buying power in July.

Sales of new single‐family houses slid 6.6% month-over-month in June, with supply concerns still impacting the market.

Single-family rent growth nearly quadrupled year-over-year in May, exceeding pre-pandemic rates across all price tiers for the second consecutive month.

Short supply spells greater seller profit at the closing table as homes continue to sell at a record clip.

Low housing inventory in Q1 is keeping more homebuyers on the sidelines, with would-be buyers shunned by a lack of affordable options.