Mortgage applications for new-home purchases increased 38.0% month-over-month and 19.1% year-over-year in January, the MBA reported.
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Producer Price Index for Final Demand Increases Month-Over-Month and Year-Over-Year in January
The Producer Price Index (PPI) for final demand, seasonally adjusted, increased 0.3% in January, the BLS reported.
University of Michigan Reports Preliminary Results of Its Consumer Sentiment Index for February
The University of Michigan Index of Consumer Sentiment increased 0.8% month-over-month to a reading of 79.6 in February.
Canadian Housing Starts Trend Lower in January
The seasonally adjusted annual rate for housing starts in Canada decreased 10% month-over-month to 223,589 units in January, the CMHC reported.
US Builder Confidence Trends Higher for Third Consecutive Month in February
The National Association of Home Builders/Wells Fargo Housing Market Index increased 4 points to a reading of 48 in February.
Canadian Investment in Building Construction Data for December, 2023Q4, and 2023
Investment in building construction in Canada inched 0.3% higher month-over-month in December to $19.8 billion (CAD).
Fixed-Rate Mortgages Move Higher in the Week Ending February 15th
The 30-year fixed-rate mortgage averaged 6.77%, up from last week when it averaged 6.64%, Freddie Mac reports.
US Weekly Jobless Claims Decline in the Week Ending February 10th
The advance figure for seasonally adjusted initial unemployment claims was 212,000, a decrease of 8,000 from the previous week.
Canadian Home Sales Increase 3.7% Month-Over-Month in January
Home sales recorded over Canadian MLS® Systems posted a 3.7% increase between December and January, CREA reported.
Real Estate Investors Purchased 26.1% of Low-Priced US Homes Sold in 2023Q4
Real estate investors purchased 26.1% of low-priced US homes that sold in 2023Q4, the highest share on record, Redfin reported.