Mortgage applications for new home purchases increased 15 percent compared to May 2016. Compared to April 2017, applications increased by 4 percent relative to the previous month.
According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the average U.S. mortgage rate rose for the first time in five weeks in late April 2017.
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 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.
U.S. commercial real estate executives are especially bullish on industrial, infrastructure and multi-family asset classes in 2017.
Fueled by a growing economy, solid employment gains and rising household formations, single-family housing production in the U.S. will continue on a gradual, upward trajectory in 2017.
Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves.
More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase.
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased 14 basis points to a seasonally adjusted rate of 4.52 percent of all loans outstanding at the end of the third quarter of 2016.
The Baird/STR Hotel Stock Index decreased 0.8% in October 2016 to close the month at 3,108. Year to date, the index remains up 0.4%. Hotel stocks outperformed in October amid low investor expectations and rising interest rates.
According to the Mortgage Bankers Association's Builder Application Survey for September 2016, U.S. mortgage applications for new home purchases increased 3 percent relative to September 2015.
The Mortgage Bankers Association (MBA) recently released its mid-year ranking of commercial and multifamily mortgage servicers' volume as of mid-2016.
Nearly 1.4 million (1,361,188) U.S. residential properties (1 to 4 units) representing 1.6 percent of all residential properties were vacant as of the end of Q3 2016..
STR is reporting this week that their Baird/STR Hotel Stock Index increased 0.9% in August to close the month at 3,349. Year to date, the index is up 8.2%. The Hotel Brand sub-index reported a 1.5% increase to 4,366 in August.
According to the National Association of Realtors, U.S. pending home sales expanded in most of the country in July 2016, and reached their second highest reading in over a decade. Only the Midwest saw a dip in contract activity last month.
NAHB Survey Reports Housing Remains a Priority for Most U.S. Voters. An overwhelming four-out-of-five Americans believe that owning a home is a good investment.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average fixed U.S. mortgage rate increasing slightly, but again remaining near historic lows.
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.