According to the National Association of Realtors, after starting the year at the fastest pace in almost a decade, existing-home sales slid in February 2017, but remained above year ago levels both nationally and in all major regions.
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $575 on each loan they originated in the fourth quarter of 2016.
The NAHB is reporting this week that U.S. home builder confidence in the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
According to the Mortgage Bankers Association's latest Builder Application Survey, U.S. mortgage applications for new home purchases increased 2.2 percent compared to February 2016.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. hit their highest mark of 2017. The 10-year Treasury yield rose about 10 basis points this week. For the first time in weeks.
According to STR, the Baird/STR Hotel Stock Index increased 0.7% in February 2017, closing the month at 3,750. Through the first two months of 2017, the index was up 1.3%. Hotel stocks underperformed the broader indices in February as industry trends remained sluggish.
The average 30-year fixed mortgage rate in the U.S. changed by two basis points for the fourth consecutive week.
Existing-home sales are forecast to expand 1.7 percent in 2017, but a new housing affordability model created jointly by the National Association of Realtors and Realtor.com
According to the latest quarterly Rental Report by Daft.ie, residential rents in Ireland rose nationwide by an average of 13.5% in the year to December 2016.
A brisk fourth quarter sales pace pushed available U.S. housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016.
According to CoreLogic's latest Home Price Index for December 2016, U.S. home prices are up both year over year and month over month.
New-home construction during the fourth quarter of 2016 remained tepid in many markets due to regulatory and supply-side constraints.
According to the National Association of Realtors, pending home sales picked up in December 2016 as solid increases in the South and West offset weakening activity in the Northeast and Midwest.
The National Association of Realtors Chief Economist Lawrence Yun issued the following statement in reaction to this past Friday's U.S. Department of Commerce report on Gross Domestic Product (GDP) in the fourth quarter of 2016:
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. rose 12.2 percent annually in 2016 to 563,000 units, the highest yearly gain since 2007.
According to STR and Tourism Economics' first forecast of 2017, the U.S. hotel industry is projected to see slower but steady growth through 2018.
Hotel consulting firm STR is reporting that their Baird/STR Hotel Stock Index increased 7.1 percent from November to December 2016, and closed the year up 19.6 percent at 3,702.
U.S. foreclosure filings were down 14 percent from 2015 to the lowest level since 2006, when there were 717,522 U.S. properties with foreclosure filings.
Real estate tech startup Global Listings, Inc. has just announced the launch its global online real estate listings search platform, GlobalListings.com.
Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves.