Current Market Data
The Conference Board’s Consumer Confidence Index for August showed Americans shared broadly strong views of the overall economy and their own financial health near the end of the summer.
Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for buyers.
Sales of existing homes in July logged their first year-over-year gain in 16 months.
U.S. homebuilders appear optimistic that low mortgage rates can turn the tide in favor of stronger sales in the months ahead.
The remodeling industry can expect major growth in incorporating devices into homes that enable remote control and the ability to monitor household systems, according to survey findings from the Joint Center for Housing Studies at Harvard University. That means real
Wall Street has found itself increasingly on edge in recent weeks, but strangely, that may be breathing fresh life into the mortgage lending industry.
Fannie Mae’s Home Purchase Sentiment Index for July rose to its highest reading in nine years.
Every home is unique in its own way, especially when it comes to interior design. Homeowners often choose design styles that are inspired by what is popular in their part of the world. Joybird took a look at the
The National Association of Realtors’ Pending Home Sales Index broke a 17-month streak of year-over-year declines to log an annual increase in June. Last month also marked the second month in a row in which nationwide pending home sales
As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree
The national existing-home market nearly gave up the ground won in May with a less-than-stellar showing for June sales, according to the National Association of Realtors. Sales of existing homes in June came in 1.7 percent below the previous
While sales of previously owned homes continue to underwhelm, housing market analysts are feeling more optimistic about sales of newly-built homes. The U.S. Census Bureau reported new-home sales in June came in at a seasonally adjusted annual rate of
The pace of growth in home improvement spending could soon slow to a crawl. That’s according to a new estimate by the Remodeling Futures Program at Harvard’s Joint Center for Housing Studies, which projects that spending on remodeling will
Housing starts around the country were sluggish in June, with single-family starts registering below year-ago numbers for a fifth consecutive month. In all, housing starts were down 0.9 percent from the previous June, and were on pace for a
It’s often said by economists that housing costs have risen faster than wages in recent decades, but just how wide is the gulf between income growth and gains in property values? We now have a better sense of that,
New data from realtor.com shows that while 42 percent of home shoppers this past spring were first-time buyers, the group, consisting mostly of millennials, had trouble finding homes due to budget constraints — a higher proportion than just two
