The WPJ

Memphis

Homes in 86 Percent of U.S. Metros Enjoyed Price Gains in Q4

Based on the National Association of Realtors' latest quarterly report, more than 85% of U.S. metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79% to 6.61%.

U.S. Delinquency Rates for Commercial Properties Increased 6 Percent in Q4 of 2023

Based on the Mortgage Bankers Association's latest commercial real estate finance (CREF) Loan Performance Survey, U.S. delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023.

Over 115 Million Americans Traveling Over Christmas Holidays

The American Automobile Association projects 115.2 million travelers will head 50 miles or more from home over the 10-day year-end holiday travel period.

U.S. Home Sales Remain Relatively Flat in November

According to the National Association of Realtors, existing-home sales grew in November 2023, breaking a streak of five consecutive monthly declines. Among the four major U.S. regions, sales climbed in the Midwest and South but receded in the Northeast and West.

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