The WPJ

Oklahoma City

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.

U.S. Residential Mortgage Lending Dipped in Q3 as Rates Jumped

Based on ATTOM's newly released its third-quarter 2023 U.S. Residential Property Mortgage Origination Report, 1.54 million U.S. mortgages secured by residential property (1 to 4 units) were issued in the United States during the third quarter, representing a 3 percent decline from the prior three-month period.

Mortgage Rates Decrease for Third Consecutive Week in U.S.

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.29 percent. This week's results include an adjustment for the observance of Thanksgiving.

Multifamily Apartment Rent Growth in U.S. Slows in Q3

According to CBRE's latest research, the U.S. multifamily market continued to see healthy demand in the third quarter of 2023, though rent growth slowed from previous highs.

Oklahoma City Property News












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