North America Residential
Real Estate News

U.S. Housing Production Levels Off in January, Post 2016 Multifamily Surge

U.S. Housing Production Levels Off in January, Post 2016 Multifamily Surge

Housing starts returned to trend, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units. Read More »


Growing Divide Between U.S. Housing Availability and Affordability Occurring

Growing Divide Between U.S. Housing Availability and Affordability Occurring

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 Read More »

Residential Mortgage Delinquencies Increase in U.S.

Residential Mortgage Delinquencies Increase in U.S.

The delinquency rate for mortgage loans on one-to-four-unit U.S. residential properties increased to a seasonally adjusted rate of 4.80 percent of all loans outstanding at the end of the fourth quarter of 2016. Read More »

Steep Decline: 21,000 Completed U.S. Home Foreclosures in December

Steep Decline: 21,000 Completed U.S. Home Foreclosures in December

U.S. foreclosure inventory declined by 30 percent and completed foreclosures declined by 40 percent compared with December 2015. Read More »


Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated February 17, 2017 9:00 AM ET

North America Residential News

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate stayed within a two basis point range for the third straight week.

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.

According to the Mortgage Bankers Association's Mortgage Credit Availability Index, U.S. mortgage credit availability increased in January 2017.

New-home construction during the fourth quarter of 2016 remained tepid in many markets due to regulatory and supply-side constraints.

According to the recently released Q4 2016 Zillow Breakeven Horizon report, U.S. home value appreciation is expected to slow in some of the nation's most expensive markets, and as a result, it now takes longer to break even on a home in those markets compared to renting it.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year mortgage rate held steady after rising last week. The 10-year Treasury yield fell 5 basis points this week following a tepid advance estimate of fourth-quarter GDP.

According to a new report by national real estate broker Redfin, U.S. luxury home prices rose 0.7 percent in the fourth quarter of 2016 compared to 2015, to an average of $1.6 million.

According to CoreLogic, cash home sales in the U.S. accounted for 31.8 percent of total home sales in October 2016, down 2.7 percentage points year over year from October 2015.

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 Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year and 15-year fixed mortgage rates rising for the first time in 2017.

U.S. mortgage applications increased 4.0 percent from one week earlier. This week's results included an adjustment for the MLK Day holiday. The Market Composite Index increased 4.0 percent on a seasonally adjusted basis from one week earlier.

According to the Miami Association of Realtors, Miami single-family home prices have risen for more than five consecutive years and existing condo prices have appreciated in 65 of the last 67 months.

According to the National Association of Realtors, existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels.

The National Association of Home Builders is reporting this week that U.S. builder confidence in the market for newly-built single-family homes remained on firm ground in January 2017.

According to the CoreLogic's newly released Windy City Index, an annual analysis of top wind-related natural hazard events, Kennedy Space Center, FL had the highest estimated wind speed in 2016 at 101 mph on October 6 during Hurricane Matthew.


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