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The US Department of Labor is reporting that seasonally adjusted an additional 193,000 Americans made their initial filing for unemployment benefits during the week ending on September 24. This is a decrease of 16,000 from the previous week’s revised-lower level of 209,000 (originally reported as 213,000).

The National Association of Realtors® released on Wednesday its Pending Homes Sales Index (PHSI), declined 2.0% month-over-month in August to a reading of 88.4. The index has now declined nine times in the past ten months. Year-over-year, contract signings have declined 24.4%.

According to data from a Mortgage Bankers Association survey, for the week ending September 23rd, the Market Composite Index (a measure of mortgage loan application volume) decreased 3.7% on a seasonally adjusted basis from one week earlier.

According to Black Knight, the overall mortgage delinquency rate in August declined to 2.79%, down from 3.60% in July. The August delinquency rate is just 4 basis points above the historic low of 2.75% set in May 2022.

On Tuesday, the US Census Bureau and the Department of Housing and Urban Development jointly announced that new residential single-family home sales for August were at a SAAR of 685,000, according to estimates. This is 28.3% above the revised July 2022 rate.

According to the latest Federal Housing Finance Agency House Price Index (HPI®), nationwide US home prices declined 0.6% from June. However, from July 2021 to July 2022, house prices rose 13.9%.

On Tuesday, the S&P CoreLogic Case-Shiller US National Home Price Index (NSA) was released for July. The Index shows that home prices experienced a 15.8% annual gain in July, down from 18.1% reported in June. This is the fourth consecutive monthly decline.

The Conference Board released today its Consumer Confidence Index® (CCI) for September 2022. The CCI has increased for the second consecutive month. The Index now stands at 108.0 (1985=100), up from its August reading of 103.6.

Redfin reported today that approximately 64,000 home-purchase agreements fell through in August. That is equal to 15.2% of all homes that went under contract—up from 12.1% in August 2021—and is comparable with July’s revised rate of 15.5%.

The Mortgage Bankers Association reported on Thursday that according to its Purchase Applications Payment Index, homebuyer affordability improved for the third consecutive month in August. The national median payment applied for by applicants was down to $1,839 from $1,844 in July.