Purchase Mortgage Activity Continues to Drop
Despite the average rate for a benchmark 30-year mortgage having ticked down over the past month, purchase mortgage application volume in the U.S. has dropped for the third week in…
Pace of New Home Sales and Prices Drop, Inventory Up
The seasonally adjusted pace of new single-family home sales in the U.S. dropped nearly 5 percent last month and was down over 6 percent on a year-over-year basis and over…
Pace of New Home Sales Activity Ticks Up, Loan Size Holds
With inventory levels now 45 percent higher than prior to the pandemic, having hit a 16-year high in March, mortgage application volume for new home purchases in the U.S. ticked…
Pace of New Home Sales “Surged” Last Month, But…
Having dropped a downwardly revised 5.1 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. rebounded 8.8 percent in March and was 8.3 percent…
Pace of New Home Sales Activity Drops, Average Loan Size Too
While mortgage application volume for new home purchases in the U.S. ticked up a (1) percent from January to February and was nearly 16 percent higher than at the same…
Median New Home Sale Price Drops, Down Nearly 20% from Peak
The seasonally adjusted pace of new single-family home sales in the U.S. slipped less than a percent from January to February and the pace was still 5.9 percent higher than…
New Home Sales Activity Ticks Up But Pace Slips, Loan Size Too
Up 19 percent on a year-over-year basis in January, mortgage application volume for new home purchases in the U.S. only ticked up a (1) percent from January to February. And…
New Home Sales Tick Up, Inventory Nearing a 15-Year High
The seasonally adjusted pace of new single-family home sales in the U.S. ticked up a percent and a half last month and was 2 percent higher than at the same…
New Home Sales Activity Gains, Average Loan Size Slips
The mortgage application volume for new home purchases in the U.S. was up 19 percent on a year-over-year basis in January and the seasonally adjusted pace of sales, which had…
Average New Home Price Drops, Sales Tick Up, Inventory Too
Having dropped 9 percent in November, the seasonally adjusted pace of new single-family home sales in the U.S. ticked back up 8 percent in December and ended the year 4.4…