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New home sales rise for second consecutive month Sep. 24th 2021
Regionally, on a year-to-date basis, new home sales fell 1.0% in the Northeast and 2.3% in the West, but rose 4.4% in the Midwest and 4.5% in the South. The post New home sales rise for second consecutive month appeared first on HousingWire.
Supply of new homes shows a stabilizing housing market Sep. 24th 2021
For me in 2021, finding a good base for home sales data to work from was always going to be key because what happened toward the second half of 2020 in housing data was a once-in-a-lifetime event and people might have had a wrong impression on where sales were trending. HW+ Premium Content. The post Supply of new homes shows a stabilizing housing market appeared first on HousingWire.
Homeowners gain $2.9 trillion in equity in Q2 2021 Sep. 23rd 2021
Homeowners with mortgages gained $2.9 trillion in equity in the second quarter of 2021, a 29.3% year-over-year increase, according to a new report The post Homeowners gain $2.9 trillion in equity in Q2 2021 appeared first on HousingWire.
Existing home sales pop the 2021 housing bubble boys Sep. 22nd 2021
So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content The post Existing home sales pop the 2021 housing bubble boys appeared first on HousingWire.
NAR: Home prices stifled existing home sales in August Sep. 22nd 2021
August marked a slowdown in the purchase market, with existing home sales dropping by 2%, according to a monthly report published by NAR. The post NAR: Home prices stifled existing home sales in August appeared first on HousingWire.
Housing permits hold the key for economic expansion Sep. 21st 2021
Housing permits, for me, is one of the most important housing and economic data lines we have in America. As long as housing permits are moving upward, not only is housing doing ok but the economic expansion is moving along nicely post-1996. HW+ Premium Content. The post Housing permits hold the key for economic expansion appeared first on HousingWire.
Renter market picks up in suburbs Sep. 21st 2021
Renters are making up a growing share of American suburbs. Today, an estimated 21 million people rent a suburban home in one of 50 largest metros. The post Renter market picks up in suburbs appeared first on HousingWire.
August housing starts better than expected Sep. 21st 2021
U.S. homebuilders started construction on 1.615 million homes in August, up 3.9% from July 2021 and 17.4% higher than a year ago, according to the August housing starts report by the U.S. Census Bureau and HUD The post August housing starts better than expected appeared first on HousingWire.
Homebuilders are targeting the exurbs and inner suburbs Sep. 20th 2021
Confidence among homebuilders steadied over the past month despite continuing material and labor challenges. Builders are targeting exurbs and inner-suburbs The post Homebuilders are targeting the exurbs and inner suburbs appeared first on HousingWire.
These are the hottest housing markets in America Sep. 17th 2021
A housing market report from RE/MAX found that 36 of 51 metro areas had double-digit year over year sale price increases in August. Boise led the way. The post These are the hottest housing markets in America appeared first on HousingWire.