According to the National Association of Home Builders latest NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, the index posted a reading of 77, declining 10 points compared to the second quarter of 2021.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 20, 2022, U.S. mortgage applications decreased 1.2 percent from one week earlier.
While that's down from a peak 118% year-over-year increase in September 2020, it's up significantly from a year ago and marks the eighth straight month of 80%-plus year-over-year growth.
NAIOP reports this week that it's NAIOP CRE Sentiment Index has dropped below 50 for the first time since its inception.
Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.
Posted on November 25, 2015