Mortgage applications for new-home purchases decreased 6.0% in September but remained 10.8% higher year-over-year, MBA reported.
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US Weekly Initial Jobless Claims Decline in the Week Ending October 12th
The advance figure for seasonally adjusted initial unemployment claims was 241,000, a decrease of 19,000 from the previous week’s revised level.
Canadian Housing Starts Rise 5% in September
The Canada Mortgage and Housing Corporation reported that the annual pace of housing starts in Canada was up 5% in September.
Canadian Real Estate Association Updates Home Sales Forecasts
CREA said that the expected pace of interest rate cuts has changed dramatically since it published its summer forecast.
Mortgage Applications Fall in the Week Ending October 11th—Third Consecutive Decline
Mortgage loan application volume decreased 17.0% on a seasonally adjusted basis from one week earlier, MBA reported.
Fannie Mae Reports Year-Over-Year Single-Family Home Prices Increased 5.9% in Q3 2024
Fannie Mae released the results of its latest Home Price Index (FNM-HPI). The FNM-HPI is a national, repeat-transaction home price […]
Mortgage Credit Availability Tightened in September
The Mortgage Bankers Association’s (MBA) released its Mortgage Credit Availability Index (MCAI) report for September 2024. According to MCAI, mortgage […]
Canadian Homes Sales in September Climbed to Highest Level Since July 2023
The Canadian Real Estate Association (CREA), reported that home sales recorded over Canadian MLS® Systems climbed 1.9% on a month-over-month […]
Canadian Consumer Price Index in September Posts Smallest Yearly Increase Since February 2021
Statistics Canada (StatsCan) reported that on a year-over-year basis (Sept. 23 – Sept. 24) the Consumer Price Index (CPI) in […]
Non-Residential Construction Backlog and Construction Confidence Index Both Increased in September
The Associated Builders and Contractors (ABC), a national construction industry trade association representing more than 23,000 members, reported on Tuesday […]