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    NAHB Eye on Housing

    Homeownership Rate Stable
    Thursday April 27th, 2017 05:48:00 PM Na Zhao
    According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 63.6% in the first quarter 2017, which is statistically no different from its last quarter reading of 63.7%. The rate of homeownership appears to be stabilizing after reaching a cycle low of 62.9% in the second quarter of 2016. Compared to the peak at the end... Read More ›

    Pending Sales Pause
    Thursday April 27th, 2017 02:43:34 PM Stephen Melman
    The Pending Home Sales Index decreased 0.8% in March 2017, but remains 0.8% above its level a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 111.4 in March, down from 112.3 in February. The PHSI increased in the South by 1.2%, but fell... Read More ›

    Consumer Confidence Declined in April
    Wednesday April 26th, 2017 05:33:42 PM Jing Fu
    After hitting a post-recession high, the consumer confidence index, reported by the Conference Board, declined in April. Consumers were less optimistic about both the current situation and the near term outlook, compared with last month. The Consumer Confidence Index declined to 120.3 in April, from 124.9 in March. Both the present situation index and the expectations index dropped. The present... Read More ›

    House Price Gains Continued in February
    Tuesday April 25th, 2017 04:15:06 PM Jing Fu
    S&P Dow Jones Indices released the Home Price Index for February. House prices surpassed the pre-recession peak of 2006 and hit the highest level with a more moderate annual growth rate. The Case-Shiller U.S. National Home Price Index rose at a seasonally adjusted annual growth rate of 5.2% in February, slower than the previous six months. House price appreciation reached... Read More ›

    Strong March for New Home Sales
    Tuesday April 25th, 2017 03:21:51 PM Robert Dietz
    Contracts for new home sales expanded by 5.8% in March, according to estimates from the joint data release of HUD and the Census Bureau. The growth in sales continues along a positive trend for the market, which is supported by solid job growth, improving household formations, continuing favorable housing affordability conditions, and tight existing home inventory. The seasonally adjusted annual pace for March new single-family... Read More ›

    CNN - Real Estate News

    Life is good for U.S. home sellers
    Thursday April 27th, 2017 04:03:02 AM
    Homeowners who sold their home in the first three months of this year saw an average price gain of $44,000 from purchase, according to a new report.

    The Fed raised interest rates. Why are mortgages getting cheaper?
    Friday April 14th, 2017 03:51:31 PM
    Despite the Federal Reserve increasing interest rates, mortgage rates have dropped to the lowest level this year.

    What will your monthly mortgage payment be?
    Monday February 2nd, 2015 03:53:13 PM
    In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.

    The struggle is real for Millennial homebuyers
    Monday April 3rd, 2017 02:37:35 PM
    Read full story for latest details.

    3 reasons not to buy a house this year
    Friday March 31st, 2017 02:35:03 PM
    Read full story for latest details.

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