Fannie Mae’s Q3 survey shows home price growth averaging 2.4% in 2025 and 2.1% in 2026, both lower than last quarter’s expectations.
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US Mortgage Rates Rise in the Week Ending October 2
The 30-year fixed-rate mortgage averaged 6.34%, up from 6.30% the previous week, Freddie Mac reported.
Canadian Construction Employment Falls Again in July
Canadian construction payrolls fell by 2,200 in July, the second straight monthly decline, while job vacancies hit their lowest rate since 2017.
US Construction Labor Market Continues to Cool in August
Construction job openings fell to 188,000 in August, down from 303,000 in July and 304,000 a year earlier, the BLS and NAHB reported.
Share of US Mortgage Rates Above 6% Climbs to 10-Year High in Q2
Nearly 20% of US homeowners had mortgage rates above 6% in Q2, the highest since 2015, Redfin reported.
US Mortgage Applications Drop 12.7% in the Week Ending September 26
Mortgage loan application volume fell 12.7%, led by a 21% drop in refinancing activity, MBA reported.
ADP: Private Sector Employment Declines in September
Private sector employment declined by 32,000 in September, while annual pay increased 4.5% year-over-year, ADP reported.
FHFA House Price Index Rises 2.3% Year-Over-Year in July
US house prices slipped 0.1% in July from June but rose 2.3% year-over-year, the FHFA reported.
S&P Cotality Case-Shiller Index Reports 1.7% Annual Gain in US Home Prices in July
US home prices rose 1.7% year-over-year in July, down from a 1.9% gain in June.
US Consumer Confidence Index Falls in September
The Conference Board Consumer Confidence Index fell 3.6 points to 94.2 in September, its lowest level since April.