April 2017 Housing Affordability Index

April 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.11 percent this April, up compared to 3.89 percent a year ago. Housing affordability declined from a year ago in April moving the index down...
April 2017 Existing-Home Sales

April 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this April slid 2.3 percent from last month but modestly improved 1.6 percent from last year. April’s existing-home sales reached the 5.57 million seasonally adjusted annual rate....
April 2017 Pending Home Sales

April 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that April’s pending home sales pace is down 1.3 percent from last month and are down 3.3 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close....
March 2017 Housing Affordability Index

March 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.28 percent this March, up compared to 3.87 percent a year ago. Housing affordability declined from a year ago in March moving the index down...
March 2017 Pending Home Sales

March 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that March’s pending home sales pace slowed 0.8 percent from last month and are modestly up 0.8 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to...