The post U.S. Housing Market Stalls as Mortgage Rates Edge Up Again appeared first on Weekly Real Estate News.
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Mariel Alumit
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Recession is coming, according to the Mortgage Bankers Association. The MBA forecasts a recession in the first half of 2023, with the unemployment rate at 5.5% and inflation at the 2% target by the end […]
Housing Market Tracker: Good news on inventory
January 16, 2023
Mariel Alumit
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Comments Off on Housing Market Tracker: Good news on inventory
Today we have some good news for the housing market! The weekly inventory data, which had fallen faster than I had anticipated the last few weeks, has now seen a slight uptick. With mortgage rates […]
Housing Starts Fell From Last Month’s Surprisingly Fast Pace
July 20, 2023
Mark Paul Cervantes
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Comments Off on Housing Starts Fell From Last Month’s Surprisingly Fast Pace
The rate of both construction permitting and housing starts retreated from their May levels last month. The significant increase in estimated starts from April to May was also revised lower. The U.S. Census Bureau and […]