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  • Pending home sales down nearly 25% from August 2021 Sep. 28th 2022
    Pending home sales were down nearly 25% in August. NAR said it expects existing-home sales to fall 15.2% year over year in 2022, to 5.19 million units. The post Pending home sales down nearly 25% from August 2021 appeared first on HousingWire.

  • New home sales are up 28% — but don’t believe the hype Sep. 27th 2022
    New home sales are back to 1996 levels already. So, when we have a month where demand picks up, it can move the needle in a big way.  The post New home sales are up 28% — but don’t believe the hype appeared first on HousingWire.

  • New home sales rebound but homebuilders aren’t smiling Sep. 27th 2022
    New home sales were back up in August, rising over 25% from July. After a volatile year, economists ponder the impact on builder sentiment. The post New home sales rebound but homebuilders aren’t smiling appeared first on HousingWire.

  • Home-price growth slowed further in July Sep. 27th 2022
    Annual home-price growth continued to slow in July, with year-over-year price gains shrinking for the fourth consecutive month, according to the S&P CoreLogic Case-Shiller National Home Price Index, released Tuesday. Nationwide home prices posted a yearly gain of 15.8% in July, bringing the index to a reading of 307.45. In June, the index saw a [....] The post Home-price growth slowed further in July appeared first on HousingWire.

  • Opinion: Don’t blame SFR companies for lack of inventory Sep. 23rd 2022
    The age-old laws of supply and demand are driving home-price growth, not the purchase activities of large SFR companies. The post Opinion: Don’t blame SFR companies for lack of inventory appeared first on HousingWire.

  • Latest S&P Global PMI results signal lingering inflation  Sep. 23rd 2022
    The latest S&P Global U.S. purchasing managers index (PMI) numbers are out this morning, Sept. 23, and the results are mixed at best — indicating that inflation is abating some but is far from tamed. The post Latest S&P Global PMI results signal lingering inflation  appeared first on HousingWire.

  • The housing market slowdown has only just begun: Fannie Mae Sep. 21st 2022
    The housing market recession is in full swing – Fannie Mae now projects $2.44 trillion in originations this year and $2.17 trillion in 2023. The post The housing market slowdown has only just begun: Fannie Mae appeared first on HousingWire.

  • Existing home sales continued their slide in August Sep. 21st 2022
    Existing home sales continued to fall in August, as homebuyer demand cooled further as a result of the Federal Reserve’s inflation-busting policy. The seasonally adjusted sales rate for existing homes fell 0.4% month over month in August to a rate of 4.80 million, according to a report from the National Association of Realtors (NAR) released Wednesday. This is [....] The post Existing home sales continued their slide in August appeared first on HousingWire.

  • What does the new normal for first-time homebuyers look like? Sep. 20th 2022
    The primary driver of current housing demand is first-time homebuyers. So, what does this housing market environment look like for them? The post What does the new normal for first-time homebuyers look like? appeared first on HousingWire.

  • Housing starts rise in August even as builder confidence falls Sep. 20th 2022
    The number of housing starts rose higher than anticipated in August, but the future looks gloomy due to a drop in building permit demand. The post Housing starts rise in August even as builder confidence falls appeared first on HousingWire.