On Thursday (6-29-23), The National Association of Realtors® (NAR) reported their Pending Homes Sales Index (PHSI), which is based on […]
News in end use
Mortgage Applications Increase Again – Week Ending 23rd June 2023
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey (WMAS), for the ending June 23, 2023, […]
U.S. Median Asking Rent Decline for the First Time Since 2019
Realtor.com reported in the release of their May 2023 Rent Report, that the U.S. rental markets suffered its first year-over-year […]
U.S. New Residential Single-Family Home Sales Up Month-Over-Month & Year-Over-Year in May 2023
The U.S. Census Bureau and the Dept. of Housing and Urban Development jointly announced on Tuesday (6-27-23) that new residential […]
S&P CoreLogic Case-Shiller Reports U.S. Home Price Index Posted Gains in April 2023
On Tuesday (6-27-2023), the latest results from the S&P CoreLogic Case-Shiller Indices for April were released and showed month-over-month price […]
FHFA Reports House Price Index Increased Month-Over-Month & Year-Over-Year in April 2023
The Federal Housing Finance Agency (FHFA) reported today (6-27-23), its House Price Index (FHFA HPI®) for April 2023. According to […]
Canadian Consumer Price Index Continued its Upward Trek in May 2023
Statistics Canada (StatsCan) reported today (6-27-23), that the Consumer Price Index (CPI) in Canada rose 3.4% year-over-year in May, following […]
The Conference Board’s Consumer Confidence Index Noticeably Improves in June 2023
The Conference Board, a non-partisan, not-for-profit think tank, founded in 1916, released today (6-27-23), its Consumer Confidence Index® (CCI) for […]
Associated Builders and Contractors Construction Backlog Indicator Holds Steady in May
The Associated Builders and Contractors’ Construction Backlog Indicator remained unchanged month-over-month at 8.9 months in May. Year-over-year, the reading was 0.1 months lower.
Fannie Mae’s Economic and Strategic Research Group’s June Economic Commentary: Recession Likely
Recent months of mixed macroeconomic information has painted a jumbled picture of conditions; however, the Group continues to believe a recession is the most likely outcome of the rapid tightening of monetary policy and the late stages of business cycle dynamics.