On Thursday (6-27-24), The National Association of Realtors® (NAR) reported their Pending Homes Sales Index (PHSI) for May 2024. The […]
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30-Year Fixed Mortgage Rate Hits Lowest Level in Almost Three Months
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Thursday, June 27, 2024. The PMMS […]
U.S. Weekly Jobless Claims Inched Lower – in the Week Ending 22 nd June 2024
The U.S. Department of Labor reported on Thursday (6-27-24), its advance figure for seasonally adjusted initial unemployment claims made during […]
U.S. Real GDP in Q1 2024 Increases at an Annual Rate of 1.4% in BEA’s “Third” & Final Estimate
The Bureau of Economic Analysis (BEA) released on Thursday (6-27-24), its “Third” and Final estimate for Q1 of 2024, real […]
New US Residential Single-Family Home Sales Tumble in May
New residential single-family home sales for May were at a SAAR of 619,000, according to estimates. This is 11.3% below the revised April rate of 698,000.
State-Level Analysis of Construction Sector Employment for May
Overall, the construction industry added a net 21,000 jobs in May, and 26 states reported month-over-month employment gains, the BLS and NAHB reported.
Mortgage Applications Increase in the Week Ending June 21st
Mortgage loan application volume increased 0.8% on a seasonally adjusted basis from one week earlier, MBA reported.
FHFA Home Price Index Increases in April
According to the FHFA HPI, US house prices increased 0.2% month-over-month in April, seasonally adjusted. Year-over-year, house prices climbed 6.3%.
S&P CoreLogic Case-Shiller US Home Price Index Reports 6.3% Annual Gain in April
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported an annual gain of 6.3% in April, following a 6.5% gain in March.
US Consumer Confidence Index Declines in June
The Conference Board Consumer Confidence Index® (CCI) declined to a reading of 100.4 (1985=100) in June, down from 101.3 in May.