The seasonally adjusted pace of new single-family home sales in the U.S. dropped 4.5 percent in January to an annualized rate of 801,000 transactions and was down 19.3 percent on a year-over-year basis, despite a marked increase in inventory, which shouldn’t catch any plugged-in readers by surprise. In fact,... Read More »

Having dropped 4.6 percent in December, the seasonally adjusted pace of existing-home sales across the U.S. increased 6.7 percent in January to an annual rate of 6.50 million sales, according to the National Association of Realtors (NAR), but was down 2.3 percent on a year-over-year basis, marking the sixth... Read More »

While mortgage application volumes to purchase a new home in the U.S. increased 10 percent from December to January with typical seasonality in play, application volumes were down 12.5 percent on a year over year basis, according to the Mortgage Bankers Association and despite the fact that the number... Read More »

Mortgage loan application volumes to either purchase or refinance a home in the U.S. increased 12 percent on a seasonally adjusted basis over the past week and were up 15 percent in the absolute, with a 12 percent increase in applications to purchase a home, according to the Mortgage... Read More »

While the seasonally adjusted pace of new single-family home sales in the U.S. increased 11.9 percent from November to December, the annualized rate of 811,000 transactions was down 14.0 percent on a year-over-year basis. And as we noted last week, mortgage application activity to purchase a new home was... Read More »

Having ticked up 1.9 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. dropped 4.6 percent in December to an annual rate of 6.18 million sales, which was 7.1 percent lower than the year before and the fifth straight month with a year-over-year decline, according... Read More »

Despite the fact the number of new homes on the market across the country was at a 13-year high in November, and inventory levels were 39 percent higher than the year before, mortgage application activity to purchase said homes dropped 5 percent in December and was down 7.1 percent... Read More »

Having dropped a downwardly revised 8.4 percent in October, the seasonally adjusted pace of new single-family home sales in the U.S. increased 12.4 percent in November to an annualized rate of 744,000 transactions, which was 14.0 percent lower than at the same time last year and 25.1 percent lower... Read More »

Having inched up 0.8 percent in October, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in November to an annual rate of 6.46 million sales, which was 2.0 percent lower than at the same time last year and the fourth straight month with... Read More »

Despite the fact the number of new homes on the market across the country hit a 13-year high in October, and inventory levels were 37 percent higher than at the same time last year, mortgage application activity to purchase said homes slipped 3 percent last month and was down... Read More »