The recently released National Association of Home Builders 2020 “Priced Out” Estimate reveals that, if the median new home price […]
Wood Markets News
Mortgage Rates at 3-Month Lows
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 23rd January 2020. The PMMS shows […]
Remodeler’s Confidence 3 Points Higher in Final Quarter of 2019
The National Association of Home Builders (NAHB) has posted the results of their Remodeling Market Index (RMI) for the 4th […]
Annual Inflation Rate Holds Steady in Canada at 2.2%. BOC Leaves Interest Rates Unchanged.
Statistics Canada is reporting that Canada’s annual inflation rate held steady, at 2.2% in December. Maintained by higher energy prices and […]
U.S. Home Prices Increase 0.2% in November 2019; Up 4.9% Year-over-Year
The Federal Housing Finance Agency (FHFA) has reported that in November U.S. home prices rose 0.2% above October’s reported levels. […]
Mortgage Applications Shrink <-1.2%> from Previous Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 17th January 2020, […]
December Existing-Home Sales Climb Higher
The National Association of Realtors has reported that total existing-home sales, which includes single-family homes, condominiums, co-op and townhouses increased […]
Housing Affordability Negatively Impacting Job Growth
Metro areas where housing affordability has declined over the last five years have seen a similar decline in job growth […]
Custom Home Building Annual Share Declines
The U.S. Census Bureau’s Survey of Construction (SOC), reports that the custom home share declined to 19.5% of all single-family homes started […]
Home Buying Trends Presents Mixed Bag in 4th Qtr., of 2019.
The recent Housing Trends Report from the NAHB’ indicates that buyers who are considering purchasing a home in the next […]