The WPJ

Savannah

New Home Sales Increased in US, Before Fed's June Rate Rise

After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new home sales posted a solid gain in May as some buyers rushed into the market in advance of the Federal Reserve's June interest rate hike. 

National U.S. Office Rents Slip Annually in May

According to Eliza Theiss of CommercialEdge, remote and hybrid work models were considered niche setups just a little over two years ago, but today, these trends seem here to stay.

Declining U.S. Builder Confidence Confirms Further Economic Troubles in 2022

According to the latest National Association of Home Builders Wells Fargo Housing Market Index, rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment.

Mortgage Applications Dip Again in Late May

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 27, 2022, U.S. mortgage applications decreased 2.3 percent from one week earlier.

Savannah Property News



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