According to the National Association of Realtors, pending home sales in the U.S. were mostly unmoved in June. Increases in the Northeast and Midwest were offset by declines in the South and West.
Sales of newly built, single-family homes in the U.S. rose 3.5 percent in June 2016 from an upwardly revised May 2016 reading to a seasonally adjusted annual rate of 592,000 units.
The American Institute of Architects is reporting this week that buoyed by increasing levels of demand across all project types, the Architecture Billings Index (ABI) was positive in June 2016 for the fifth consecutive month.
According to the National Association of Realtors, with the aid by a greater share of sales to first-time buyers not seen in nearly four years, existing-home sales in the U.S. maintained their upward trajectory in June and increased for the fourth consecutive month.
According to AAA, over 43 million Americans will travel this July 4th weekend. This represents the highest Independence Day weekend travel volume on record and five million more travelers compared to Memorial Day weekend.
Based on Freddie Mac's latest Primary Mortgage Market Survey, average fixed mortgage rates in the U.S. dropped to new 2016 lows in the wake of the Brexit vote.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 24, 2016, U.S. mortgage applications decreased 2.6 percent from one week earlier.
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. dropped 6 percent in May 2016 from a downwardly revised April 2016 reading to a seasonally adjusted annual rate of 551,000 units.
268,000 U.S. homeowners regained positive equity in Q1 2016, bringing the total number of mortgaged residential properties with equity at the end of Q1 2016 to approximately 46.7 million.
According to Irvine, Ca-based RealtyTrac's First Quarter 2016 U.S. Foreclosure Market Report, foreclosure activity in the U.S. was below pre-recession levels in 78 out of 216 U.S. metropolitan statistical areas (36 percent).
Over 25 million U.S. homes are in zip codes at high risk or very high risk for manmade environmental hazards.
U.S. foreclosure inventory declined by 27.9 percent and completed foreclosures declined by 24.4 percent since July 2014.