Market Data + Trends


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Affordability

Rising Mortgage Rates Caused Housing Affordability to Drop in March

The majority of first-time buyers were priced out of homeownership as interest rates rose at a steady pace in March

Market Data + Trends

A Housing Slowdown Could Define the Spring Market

Rising mortgage rates are slowly but surely causing home prices to decelerate, meaning more balanced buying conditions could be on the way

Market Data + Trends

Housing Prices Outpace Wages in Smaller Metros

Migrating buyers are sending housing prices to record highs in small metros, but wage growth can’t keep up

Affordability

Chief Economist for National Association of Realtors Predicts Waning Affordability Ahead

National Association of Realtors chief economist Lawrence Yun says that a market slowdown could be just around the corner

Housing Policy + Finance

Fed Moves Full Speed Ahead With Tighter Monetary Policy

The Federal Reserve isn’t backing down on its plans to send rates soaring in response to record inflation, an approach which could last into the start of 2023

Market Data + Trends

When Will Rising Mortgage Rates Reach Their Peak?

Mortgage rates are tipping beyond 5%, but market inflation won't be the norm forever

Market Data + Trends

Top U.S. Home Builders Report Strong Sales Despite Rising Mortgage Rates

After years of fierce competition for limited housing supply, elevated interest rates may not be enough to cool off a red-hot housing market

New-Home Sales

Record Low 30% Of Americans Say Now Is a Good Time to Buy a Home

U.S. buyers unfazed by record home prices and tense bidding wars during the pandemic are lowering their expectations and holding off on home purchases two years later

 

Market Data + Trends

Year-Over-Year Rents Are Rising, But at a Slower Pace

Rental prices are up to new highs, but experts say they may finally be decelerating

 

Market Data + Trends

Homebuyers Are Relying on Discount Points and Rate-Locks to Endure Rising Mortgage Rates

As the 30-year fixed-rate mortgage creeps closer to 6%, buyers are locking in rates to avoid more price hikes in the months to come

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