According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending December 1, 2023, U.S. mortgage applications increased 2.8 percent from one week earlier.
Based on new data from the California Association of Realtors, California home sales were essentially flat in October 2023, as the cost of borrowing remained elevated and housing inventory continued to be tight.
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.
According to new research by Knight Frank, global super-prime ($10m+) residential sales fell 2.4% in Q3 2023 on a year-on-year basis, with 362 sales across the 12 markets covered in the three months to September compared to 371 in the same period last year.