The WPJ

Boston

Supply Chain Issues a Drag on New Home Starts in September

According to a new report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, single-family housing production held steady in September 2021, as strong demand helped to offset ongoing building material supply chain disruptions.

Annual Home Price Growth in U.S. Reaches Fever Pitch in August

According to CoreLogic's latest CoreLogic Home Price Index for August 2021, U.S. home prices rose to a fever pitch this summer, with annual price gains reaching another all-time high in August 2021 at 18.1%.

America's Average Monthly Mortgage Payment Rose $50 in Last 6 Weeks

National property broker Redfin is reporting that the average U.S. homebuyer's monthly mortgage payment rose $50 over the last six weeks. At the same time, sellers' median asking price increased 12% year over year to a new record-high and mortgage rates surpassed 3%.

Commercial, Multifamily Mortgage Delinquencies Declined in September

According to the Mortgage Bankers Association's latest monthly CREF Loan Performance Survey, U.S. delinquency rates for mortgages backed by commercial and multifamily properties declined in September 2021.

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