The WPJ

Saint Petersburg

U.S. Mortgage Applications Uptick in Late July

According to the latest Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending July 29, 2022, U.S. mortgage applications increased 1.2 percent from one week earlier.

Nonresidential Construction Spending Falls 0.5 Percent in the U.S.

According to the Associated Builders and Contractors trade association's analysis of data published by the U.S. Census Bureau, national nonresidential construction spending was down by 0.5% in June 2022.

Pending Home Sales in America Fall 8.6 Percent in June

According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.

Housing Market Competition in U.S. Eases This Summer

Based on new data from national property broker Redfin, after years of tipping heavily in sellers' favor, the scales of the U.S. housing market are finally balancing out.

Saint Petersburg Property News



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